Lighthouse Infrastructure’s $400m LEAF capital raising featured in the AFR’s Street Talk column

Lighthouse Infrastructure’s current $400 million capital raise for its energy transition fund “LEAF”, has been featured in the AFR’s Street Talk.  The Australian-owned and managed Fund is looking to capitalise on the wave of investment required to help decarbonise the energy sector and broader industrial sectors aiming to electrify their processes.

LEAF (Lighthouse Energy Alternatives Fund) currently invests in large-scale solar assets. It holds two Queensland solar farm generation sites – the 72-megawatt Emerald Solar Park and the 100MW Clare Solar Farm near Ayr. Lighthouse is now seeking to grow the Fund and boost returns by adding co-located battery energy storage systems, targeting low to mid-teen returns.

More broadly the Fund will also look to invest in new renewable energy generation, storage, transportation and energy efficiency infrastructure asset opportunities in Australia and offshore, though the immediate focus is on onshore projects. The Lighthouse Solar Fund, since converted to LEAF, was established in 2016 to get in early on Australia’s transition to net zero carbon emissions. It typically looks to buy mid-market projects, priced between $100 million and $500 million, via bilateral agreements.

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