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National Energy Guarantee moves step closer as Coalition endorses policy

The Australian government’s flagship policy still faces a battle to secure support in Parliament, as well as from wavering state governments.

Major listed Australian wind farm operator set to go private

Infratil and Mercury launched a joint bid to take 100% ownership of Tilt Renewables, which holds 11% of Australia’s installed wind capacity.

States delay approval of Australia’s National Energy Guarantee with set of demands

Policy survives crucial meeting, but Victoria and Queensland want the ruling Coalition to first rubber-stamp it, as they call for a clause to stop emissions targets from decreasing over time.

I Squared in first full Fund I realisation with $580m sale

Lincoln Clean Energy is the first of the 15 portfolio companies to be fully exited by the vehicle, which is currently generating a 18.2% net IRR.

Second Tages renewables fund hits €120m first close

Tages Helios II is a successor to a €253m vehicle that closed in June 2017 and can also invest in wind assets.

NPS seeks infra managers as part of $1.9bn domestic mandates

The world’s third-largest public pension fund is particularly interested in GPs with renewables funds and will accept foreign GPs’ proposals if they have a presence in Korea.

BlackRock joins Taiwan’s renewables rush with solar buy

The firm becomes the latest to embrace Taiwan’s renewables revolution, joining the less sought-after solar market.

SPARX hits $424m final close on brownfield renewables fund

The new fund has a target IRR of 5% and already owns a portfolio of 12 assets purchased from a previously liquidated SPARX fund.

Morrison & Co launches $745m Growth Infra Fund with sustainability focus

Clean Energy Finance Corporation makes $112m commitment to the new closed-ended fund that will target ‘high-growth’ assets.

New Energy Solar acquisition ramps up Australian exposure

The Walsh & Co-managed entity has secured a 15-year PPA for 69% of Beryl Solar Farm’s output and is considering a battery installation to enhance risk-adjusted returns.

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