Industry Moves reports on the launch of new Foresight Renewable Energy Income Fund

On 10th September 2019, Foresight Renewable Energy Income Fund (FREIF) launched with means to provide wholesale investors access to Climate Bonds Initiative (CBI) certified green debt. The infrastructure debt fund’s target size of $150 million will invest in small-scale Australian renewable energy projects, offering a yield margin of 4.0% to 4.5% over the RBA Cash Rate.

Foresight’s newly appointed head of Australia Kim Nguyen says “Historically, the big banks have overlooked smaller-ticket wind and solar projects, as they are generalists and lack the dedicated resources to identify and assess small-scale projects. This presents a significant opportunity for us as infrastructure investment specialists".

This article originally appeared in Industry Moves 11th September 2019, and can be read in full here. Find out more about the Foresight Renewable Energy Infrastructure Fund here.