- Macquarie Asset Administration’s specialist Inexperienced Investments group has launched Aula Vitality, an onshore renewable power enterprise designed to draw long-term funding capital.
- Aula Vitality plans to develop, construct and function utility-scale wind, photo voltaic and built-in battery initiatives throughout the Australian and New Zealand markets to create a diversified portfolio of actively managed inexperienced power era belongings for the long run.
- Preliminary portfolio with anticipated capability of 4 GW* of deliberate initiatives can help the power transition by serving to to extend renewable power capability within the grid.
- The platform is the newest in Macquarie Asset Administration’s suite of specialist companies that search to contribute to the power transition, which additionally span platforms targeted on international offshore wind, European photo voltaic, pan-Asian renewables and stand-alone battery storage, responding to investor demand for long-term alternatives in diversified portfolios of renewable power belongings.
Macquarie Asset Administration has right this moment launched a brand new onshore renewable power enterprise, Aula Vitality.
Aula Vitality brings collectively Macquarie’s 17-year observe file of investing within the renewable power sector with a powerful native group skilled in creating and commercialising onshore renewables.
Aula Vitality will search to construct and develop a long-term enterprise to satisfy future power wants utilizing market main capabilities to originate, develop, assemble and function utility-scale wind, photo voltaic and built-in batteries throughout the Australian and New Zealand markets.
The enterprise might be led by Chad Hymas, who brings 20 years of expertise within the power trade throughout technique, development, regulation, operations, and finance.
“A strong collaboration with companions will ship on Aula Vitality’s imaginative and prescient to be a number one inexperienced impartial energy producer in Australia and New Zealand that’s trusted and dedicated to offering sustainable power, power for the long run,” Mr Hymas stated.
“Key to Aula Vitality’s method would be the long-term sustainable growth of those belongings. We imagine it’s by means of partnerships that we will have probably the most affect. That’s why we’ll prioritise long-term relationships and significant collaboration in creating our initiatives,” he stated.
Lachlan Creswell, head of Macquarie Asset Administration’s specialist Inexperienced Investments group for Australia and New Zealand stated Aula Vitality will diversify and increase its onshore portfolio.
“Aula Vitality gives Australian and worldwide traders publicity to a singular and diversified portfolio at an necessary time for renewable power markets within the area, within the context of accelerating demand from business and industrial off-takers.
“The power transition in Australia requires an acceleration within the deployment of latest renewable era. Macquarie Asset Administration’s specialist Inexperienced Investments group is a worldwide chief in decarbonisation options, and we’re excited to increase this work by means of Aula Vitality.
“The Aula Vitality group’s expertise, and long-term partnership method to the creation and administration of renewable power initiatives might be underpinned by entry to long-term capital,” he stated.
Aula Vitality’s preliminary portfolio has an anticipated capability of 4 GW* of deliberate initiatives spanning each state in Australia and every asset may have grid connection potential.
By way of venture specifics, development of Boulder Creek Wind Farm close to Rockhampton, Queensland, is anticipated to start in 2024.
The preliminary portfolio features a sequence of large-scale onshore wind farms in Western Australia totalling as much as 2.4 GW.* These initiatives, to be developed in partnership with Inexperienced Wind Renewables, are within the early levels of growth.
Aula Vitality’s anticipated portfolio consists of developments in New South Wales, Victoria, South Australia and Tasmania, the small print of which might be introduced as they progress.
The Aula Vitality enterprise mannequin has been designed to span the complete “develop, construct, personal, function” venture lifecycle whereas frequently sourcing a pipeline of latest initiatives and innovating as buyer necessities, applied sciences, markets, and insurance policies evolve.
The Aula Vitality platform sits alongside Macquarie Asset Administration’s suite of specialist companies which have been created in response to rising demand from Australia and internationally for funding alternatives in diversified renewable portfolios, together with:
- Blue Leaf Vitality, a pan-Asian Renewable power platform (2018)
- Cero Technology, a photo voltaic power developer throughout Europe (2021)
- Corio Technology, a worldwide specialist offshore wind portfolio firm (2022)
- Eku Vitality, a worldwide battery storage platform (2022)
About Aula Vitality
Aula Vitality is a specialist renewable power enterprise that develops and operates utility-scale wind, photo voltaic and built-in batteries throughout the Australian and New Zealand markets. It’s the newest in Macquarie Asset Administration’s suite of specialist companies within the renewable power sector. The enterprise has an preliminary portfolio of 4 GW* of initiatives throughout each state of Australia.
For extra info, go to aulaenergy.com.
*Estimate primarily based on present deliberate initiatives and 100% producing capability of every venture. As such this indicative renewable era capability is just not assured.
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