The Clean Energy Finance Corporation (CEFC) has committed AU$75million as cornerstone investor into a new specialist renewable energy fund managed by Palisade Investment Partners.
The Palisade Renewable Energy Fund (PREF) is seeking to invest as much as AU$500 million in new investment to clean energy projects. PREF already has three assets in the portfolio – the Waterloo and Hallett 1 wind farms in South Australia, and the $225 million Ross River Solar Farm, near Townsville in Queensland. The CEFC has committed $20 million as an equity investor in the Ross River development, and is the CEFC’s first direct equity stake in a solar farm, the CEFC said.
The content you are trying to access is only available to subscribers. There are several options available to you if you want to view this content, from full subscriptions to temporary passes just for this article. Click here for more information.
Latest posts by Rachel Alembakis (see all)
- Government to introduce Australian Modern Slavery Act - August 18, 2017
- The Sustainability Report Podcast: Yolanda Beattie - August 18, 2017
- Sustainable Melbourne Fund, ARENA, extend partnership in Victoria - August 18, 2017