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.
Australia's Clean Energy Finance Corporation (CEFC) has made its largest equity investment in renewable energy, with AU$100 million (US$72 million) in the Australian Renewables Income Fund (ARIF), aiming to encourage institutional investors to further expand their reach into clean energy.