High-profile moves marked a strong year for one of the largest pools of institutional capital in the world.
As ‘free money’ dries up, higher interest rates are reshaping critical dynamics of the renewable energy market, Zak Bentley and Daniel Kemp find.
Concept of renewable energy solution in beautiful morning light. Installation of solar power plant, container battery energy storage systems, wind turbine farm and city in background. 3d rendering.
The first investment from Victoria’s State Electricity Commission since it was brought back under government control goes to a large-scale battery project in partnership with Equis Development.
Offshore wind farm
The new Growth Markets Fund II is targeting renewables investments in high-growth middle-income markets, with PensionDanmark its first LP.
With a vote set for early 2024, Macquarie will have a five-year window to sell the fund’s assets, should it be approved.
View of Sydney Harbour
CIO Ian Patrick said funds running a hybrid model with minimal investment internalisation ‘don’t have quite the same need for a global footprint’ as others pursuing direct investments.
Deals are harder to clinch but they are coming back, paving the way for a better 2024, as infra's top women met in London this week.
Climate change ‘is a source of risk’ for superfunds, ASFA says in a new report, and renewables investments could help to mitigate this.
Aerial rendering of Akaysha Energy's Waratah super battery
BlackRock’s Akaysha Energy secured the largest project under a pilot Capacity Investment Scheme in NSW, which will now be expanded across Australia to turbocharge investment.
The commitment will give Rest exposure to Quinbrook-managed assets including the Supernode green data centre and will help it meet its net-zero fund targets.
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