Australian Renewable Energy Agency (ARENA) to kick off with large investment
Fund ready to plough $200m into renewables sector, Climate Spectator, 23 Mar 2012 The Southern Cross Renewable Energy Fund is ready to begin investing in Australian renewable energy companies, the federal government said
today.The $200 million Southern Cross Renewable Energy Fund is now the largest venture capital fund dedicated to renewable energy in Australia..
… The Southern Cross Renewable Energy Fund will make equity investments in early-stage Australian renewable energy
companies to help them overcome capital constraints, develop technologies, increase skills and forge international connections. The fund will form part of the federal government’s $3.2 billion Australian Renewable Energy Agency (ARENA) when it commences on July 1. http://www.climatespectator.com.au/news/fund-ready-plough-200m-renewables-sector
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