Lighthouse Infrastructure announces A$100 m solar fund

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Lighthouse Infrastructure announces A$100 m solar fund

Lighthouse Infrastructure Management (Lighthouse) has recently announced the launch of its AS$100 million (US$74 million) Lighthouse Solar Fund, which will be raised over two investment offer periods.

The fund will invest in a diversified portfolio of solar photovoltaic systems and contracts with utility, government, commercial & industrial and residential customers.

According to Lighthouse founder and Managing Director, Mitch King, the Solar industry shares many similarities with the early years of infrastructure investment in Australia.

The fund has identified a significant pipeline of opportunities in Australia that is expected to meet the fund’s investment criteria.Additionally, the fund is expected to produce predictable and sustainable cash returns to investors, which are not directly correlated to returns from investment in traditional asset classes.

Mitch King, Lighthouse founder and Managing Director, said:

“Lighthouse Solar provides wholesale investors the unique opportunity to access the emerging $2 billion per annum Australian solar market. Investors in the Fund are expected to earn commercial returns on offer in the Solar market and benefit from the future growth of the industry and subsequent portfolio re-rating as the market matures. Investors will, in addition to earning commercial returns, powerfully apply their capital to achieve long term environmental and social benefits, accelerating Australia’s transition towards a lower carbon society.”

Established in 2007, Lighthouse Infrastructure Management is a specialist investor, adviser and manager, focusing exclusively on infrastructure and alternative assets. Since inception, Lighthouse has been involved in over US$2 billion (1.5 billion) in project value of infrastructure assets in transport infrastructure, social infrastructure and renewables for its investment clients.

List of country news

Country news

  • May 11, 2016

    IFM Investors appoints Rich Randall as the new Global Head of Debt Investments

    IFM Investors has announced the appointment of Rich Randall as Global Head of Debt Investments. Mr. Randall will commence his new role on July 1, 2016. Read more
  • May 09, 2016

    Origin Energy signs 100 MW PPA with Fotowatio Renewable Ventures

    Origin Energy Limited (Origin) has entered into an agreement with global solar company Fotowatio Renewable Ventures (FRV) to purchase solar power from the proposed 100 MW Clare Solar Farm in north Queensland, Australia. Read more
  • May 05, 2016

    ARENA supporting Australia’s largest bio-energy project

    Australian Renewable Energy Agency (ARENA) is providing $3 million support for Renewable Developments Australia (RDA) to build the business case for a $800 million renewable biofuel production facility at Pentland, near Charters Towers in North Queensland. Read more
  • April 20, 2016

    Clean Energy Finance Corporation (CEFC) and Palisade announce strategy for Australian renewables

    The Clean Energy Finance Corporation (CEFC) and Palisade Investment Partners (Palisade) have announced a new strategy aimed at accelerating the development of Australian renewable energy projects valued at US$1 billion. Read more
  • April 20, 2016

    DLA Piper appoints two new Finance & Projects partners in Sydney

    Global law firm DLA Piper has appointed two new Finance & Projects partners, Alex Regan and Simon Huxley, to its Sydney office. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.