How small solar projects could yield everyday investors 7 per cent
Australian Solar Investments' focus on small projects opens direct investment in renewables to everyday Australians, with target seven per cent yields tailored to SMSFs.
Renewable energy and ESGs is a fast-growing industry, in part, due to the increasing community focus on sustainability. We believe in the strength of our ESG offering. The sustainability of the sun, solar technologies and the team’s wealth of experience ought to provide confidence in investing. Overall, we’re opening up the opportunity for everyday Australians to invest in a renewable future.
Australian Solar Investments is dedicated to investing in solar power assets, targeting small scale projects ranging in size from 5MW to 50MW. All selected projects have long-term secure revenue arrangements in place with counterparties such as large corporates such as Wesfarmers and Government entities. This is a deliberate strategy in order to offer low operating risk and predictable revenue to investors. ASIL is a vehicle to investment in solar PV assets, batteries and other renewable energy investments in Australia.
Three initial assets are involved – 30MW Byford Project in WA, a small-scale solar farm at Robinvale in VIC and a new solar farm in the Riverina District of NSW - with more identified in the pipeline.
Backed by a highly experienced management team, Australian Solar Investments has a target yield of 7%, after fees. The investment offer has been tailored specifically for SMSFs through a collaboration with a leading SMSF adviser. This provides a unique opportunity for SMSFs to get directly involved with investing in renewables – something typically reserved for larger, managed funds.
Investment is via 10-year redeemable performance shares or Ordinary shares. Minimum investment is only $25K with the maximum raise being $130, 000,000. Closing 9th April 2020.
Warren Murphy, Chairman
Australian Solar Investments
Warren is a senior executive with over 20 years of experience in the energy and finance sectors. He has been a member of numerous investment committees and audit and compliance committees for public companies and for funds. He led the team that created Australia’s largest renewable energy company, Infigen Energy (and its unlisted predecessor, Global Wind Partners) where he served as a director for over seven years. He has also served on a number of public company boards, both listed and unlisted, including Coogee Resources Limited and Sydney Gas Limited. He is currently a director of Carbonxt Group Ltd.