Foresight’s ARIF secures AU$700 million financing to diversify renewables portfolio

Facebook
Twitter
LinkedIn
Reddit
Email
The AU$700 million facility includes an AU$620 million term loan and an AU$80 million multi-purpose facility. Image: Foresight Solar Fund

The Australian Renewables Income Fund (ARIF), a renewable energy fund managed by Foresight Group, has raised AU$700 million (US$779 million) in a debt refinancing transaction to refinance existing projects and enhance portfolio diversification. 

The AU$700 million facility includes an AU$620 million term loan and an AU$80 million multi-purpose facility, backed by bank companies ANZ, Westpac, Mizuho, HSBC and Bank of China. RBC Capital Markets acted as the exclusive financial advisor to ARIF, while White & Case served as legal counsel. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

According to the firm, the portfolio refinancing consolidates debt from ten operating renewable projects, offering better pricing, larger debt capacity, and greater flexibility than existing project financing, while creating a platform for continued investment in clean energy. 

“This refinancing marks a significant milestone for ARIF, reinforcing the strength and scale of our operating portfolio and establishing a funding platform to support future growth,” said Daniel Beaver, portfolio manager of ARIF. 

ARIF, which came under the management of Foresight following its July 2022 acquisition of Infrastructure Capital Group (ICG), now oversees a broad and diversified portfolio comprising 787MW of operational renewable energy assets spanning wind, hydro and solar, along with a pipeline of development opportunities. 

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

Read Next

October 3, 2025
SunStrong Management has raised US$900 million to refinance a 'large portfolio' of residential solar assets developed by SunPower.
October 3, 2025
Chinese government policies and supply-side production cuts will drive a significant increase in solar and storage component costs.
Premium
October 2, 2025
Australia's solar sector delivered a strong September performance in the National Electricity Market (NEM) as the country entered spring, with combined solar PV generation reaching 3,933GWh - a 17.83% increase from August's 3,338GWh.
October 2, 2025
FRV Australia has announced the completion of its largest solar project to date, the 300MW Walla Walla Solar Farm in New South Wales.
October 1, 2025
Engie Australia's 250MW Goorambat East Solar Farm has registered with AEMO, marking the project’s readiness for the commissioning phase.
September 30, 2025
SynergyRED, a wholly owned subsidiary of Synergy, has submitted a development application for a 2GW hybrid renewable energy project in Western Australia's Mid-West Region.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland