Financial Standard reports on the launch of Foresight’s new wholesale fund

Financial Standard reports on Foresight’s launch of its first wholesale fund in Australia, Foresight Renewable Energy Income Fund, which offers investors the unique opportunity to access Climate Bond Initiative-certified green debt.

Tapping into the popular interest for green income, Foresight’s new infrastructure debt fund aims to raise $150 million+ for investment into Australian small-scale renewable energy projects. Alongside diversification benefits, it aims to provide Australian investors with a predictable income and a yield margin of 4.0% to 4.5% over the RBA Cash Rate.

The article reports Kim Nguyen, head of Foresight Australia, stating that the Foresight Renewable Energy Income Fund is “innovative in a global sense”, and hoping that Australia sets new global benchmarks in the fast-growing green debt capital markets.

This article originally appeared in Financial Standard 10th September 2019, and can be read in full here. Find out more about the Foresight Renewable Energy Infrastructure Fund here.