CEFC commits AUD100 million to Australian Renewables Income Fund
The Clean Energy Finance Corporation (CEFC), an entity of the Australian government, has announced a AUD100 million (US$70.4 million) equity investment in the Australian Renewables Income Fund (ARIF), managed by Australian asset manager Infrastructure Capital Group (ICG).
ARIF will focus on proven large-scale wind and solar technologies, as well as emerging opportunities in energy-from-waste, large-scale battery storage and pumped hydro. It will invest in operating assets as well as new developments, enhancing returns for investors.
The commitment represents CEFC's largest equity investment in renewables and an almost 40% increase in the CEFC’s renewables equity portfolio, which now stands at AUD355 million (US$250.0 million). It is designed to encourage institutional investors to further lift their exposure to renewables.
Country updates
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December 28, 2018
Kier completes disposal of KHSA Limited to Downer Group
Further to its announcement of 15 November 2018, Kier Group plc, a leading infrastructure services, buildings and developments & housing group, announced that, on 21 December 2018, it co...
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December 27, 2018
Victorian Government partially completed New Schools in PPP scheme
The Victorian Goverment has already completed 12 of the 15 facilities comprising the New Schoos PPP Project. Schools opened in 2017: Casey Central East Primary School (Cranbourne North) Cranbourn...
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December 20, 2018
Technical advisor sought for Australian road projects
The Major Road Projects Authority (MRPA) of the government of Victoria, a state in the south-east of Australia, has issued a Request for Proposals (RFP) for technical advisory services. MRP...
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December 14, 2018
Sydney Metro considering PPP for Metro West project
Sydney Metro has disclosed that it is considering using a public-private partnership (PPP) to deliver Sydney Metro West. This rail project would connect the central business districts of Syd...
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December 14, 2018
Over 100 firms interested in US$11 billion rail project in Melbourne
The Premier and Minister for Transport Infrastructure of Victoria, a state in the south-east of Australia, have announced that more than 100 local and global organisations have participated in th...
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