Renewables for industry
This report is an overview on the Fund with advice from the Southern Cross Renewable Energy Fund Manager, Dr Mark Bonnar.
Introducing the Southern Cross Renewable Energy Fund
The Southern Cross Renewable Energy Fund (Fund) was established by Fund Manager, Southern Cross Venture Partners, in 2012. The Fund is a co-investment between the Australian Government (through ARENA) and Softbank China Venture Capital (SBCVC), with each providing up to $75 million of the Fund’s committed capital. SBCVC is a leading venture capital and private equity firm based in Shanghai China and focuses on high-tech, high growth companies in a number of different sectors including Clean Tech. The Fund Manager makes all investment decisions based on its own investment criteria and within the guidelines of ARENA’s Renewable Energy Venture Capital (REVC) Fund Program.