IIG Solar Income Fund
The IIG Solar Income Fund
seeks to provide wholesale investors the opportunity to co-invest with IIG in
an unlisted $100m portfolio of operational Australian solar infrastructure
assets. The Solar Income Fund (Fund) has the exclusive right to acquire approximately
$60m of projects, currently under construction. Each project is secured by long
term off-take arrangements to high credit quality counterparties such as state
and local government.
The Fund has a target to deliver investors a pre-tax IRR of 10% in a tax effective manner with low correlation to market and economic conditions. The Fund is led by renewable energy industry expert and IIG Head of Renewable Energy Infrastructure, Lane Crockett. The Fund is overseen by an independent board, chaired by Ross Garnaut AO.