Renewable Energy Venture Capital Fund
ARENA's up to $60 million Renewable Energy Venture Capital Fund was created to foster skills and management capability, and provide funding confidence to renewable energy projects to strengthen their chance of success. Southern Cross Venture Partners Pty Ltd was appointed manager of the Fund and Softbank China Venture Capital matched ARENA's up to $60 million investment creating the up to $120 million Southern Cross Renewable Energy Fund. The Southern Cross Renewable Energy Fund provides management expertise and makes equity investments in early-stage Australian renewable energy companies to help them overcome capital constraints, develop technologies, increase skills and forge international connections.
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