Renewable Energy Venture Capital Fund
ARENA’s Renewable Energy Venture Capital Fund Programme was created to provide venture capital and active investment management to encourage the development of Australian companies that are commercialising renewable energy technologies.
The Southern Cross Renewable Energy Fund (Fund) established under the Programme is a Co-investment between ARENA and Softbank China Venture Capital, with each providing half of the committed capital to the Fund. The Fund has committed capital of up to $120 million and is managed by private sector fund manager, Southern Cross Venture Partners Pty Ltd.
The Southern Cross Renewable Energy Fund provides management expertise and makes equity investments in early-stage renewable energy companies to help them overcome capital constraints, develop technologies, increase skills and forge international connections.
Investments by the Southern Cross Renewable Energy Fund
Commercialisation of high-performance anti-reflective coatings to be applied to solar panels to make them more efficient
Company: Brisbane Materials Holdings Inc
Commercialisation of a hydrogen storage technology which will enable a new renewable energy storage solution
Company: Hydrexia Pty Ltd
Deployment of solar integration system into the Australian market
Company: Sunverge Energy
Development of a new cost effective liquid battery technology to enable 24/7 renewable electricity
Company: Boulder Ionics
Development of a competitive cost position in PV manufacturing, sales and distribution in the Australian market
Company: UCT Australia
Development of advanced lithium-ion battery storage solutions for Australian and global markets
Company: Octillion Power Systems Australia
How to make an investment proposal to the Southern Cross Renewable Energy Fund
Southern Cross Venture Partners makes all investment decisions using its own investment criteria. For more information about the Southern Cross Renewable Energy Fund please contact: