In May 2017, the Lighthouse Solar Fund acquired a 50% equity interest in the 100MW Clare Solar Farm from Fotowatio Renewable Ventures (FRV), a leading developer of solar projects, based in Madrid, Spain. Developed by FRV, the Clare Solar Farm is located around 35 km south-west of Ayr in Northern Queensland.

Origin Energy has entered into a long-term contract to purchase 100% of the electricity output and large-scale renewable energy certificates (LGCs) generated by the project, which will utilise single-axis tracking mounts to optimise the generation at the site. The project commenced operation in early 2018.

The project will generate enough electricity to power approximately 54,000 Queensland homes, abating emissions of approximately 200,000 tonnes of CO2e annually.

The Clare Battery Energy Storage System (BESS) received planning approval September 2024. The 4-hour 100MW / 400MWh BESS Clare BESS will be co-located with the Clare Solar Farm situated approximately 7 km southwest of Clare and 75 km south-southeast of Townsville, in Northern Queensland. Commissioning is forecast to commence early 2028.

Project Overview
The Clare BESS development will utilise existing connection infrastructure to maximise efficiency and minimise environmental impact unlocking greater value for investors. As the Clare BESS forms a hybrid arrangement utilising the existing point of connection, no significant network augmentation works are required.

Building on Lighthouse Infrastructure’s investment in the Clare region since 2017, this hybrid development strengthens the site’s role as a key contributor to Queensland’s renewable energy transition.

By storing energy generated from the solar farm and dispatching it during periods of peak demand and higher market pricing, the Clare BESS will unlock greater value from renewable generation while supporting grid reliability.

The Clare BESS reflects Lighthouse’s commitment to sustainability and innovation, delivering long-term value for investors and positive outcomes for the environment.

In July 2017, the Lighthouse Solar Fund acquired 100% of the 20MWp Hughenden solar plant from BayWa r.e., a leading global, renewable energy developer, wholesaler and energy solutions provider, based in Munich, Germany.

In November 2018, the Fund divested the project.

In 2012, Lighthouse Infrastructure advised Palisade Investment Partners on the $66.5 million acquisition of a 50% interest in the Port of Portland from the Australian Infrastructure Fund (AIX). Lighthouse assisted Palisade assess and execute the transaction and act as a director of the Company following the acquisition.

The Port of Portland is a deep-water seaport strategically located in south western Victoria. Port of Portland acts as the international gateway to the Green Triangle Region, an area encompassing significant natural resources and related production industries, and specialises in handling a diverse range of bulk commodities. The major cargoes include timber products, mineral sands, aluminium products, grain and livestock.

Lighthouse Infrastructure acted for the Plenary Group by introducing and arranging for Caisse de depot et placement du Quebec (the Caisse) to make its first direct investment in Australia, via the $180 million acquisition of six public-private partnership (PPP) projects from the Plenary Group.

This transaction has led to the Plenary Group establishing a long term equity and asset management strategic alliance with the Caisse. The projects include Casey Hospital, SAPOL, LEAP1, LEAP 2, Melbourne Convention Centre and VCCC.

Lighthouse Infrastructure acted for the Plenary Group by introducing and arranging equity for UniSuper and Caisse de depot et placement du Quebec (the Caisse) to invest 69% of the project equity in the $1 billion Victorian Comprehensive Cancer Centre (VCCC) Project with the Victorian Government.

The VCCC Project, located in Melbourne will provide a purpose-built facility for cancer research, including the Peter MacCallum Cancer Centre, cancer-related clinical and research facilities for the University of Melbourne. The VCCC Project will be built over a 4 year period by the Grocon/PCL construction joint venture with facility operations by Honeywell over its 25 year operational life.

Lighthouse Infrastructure has originated and completed the acquisition of a portfolio of $4.6 million in Utility Solar Assets. The assets comprise ten Solar Assets in the Northern Territory. The assets have a PPA life of between 10 and 20 years and produce a strong yield for initial investors.