Bright Energy Investments

  • 2018
  • WA
  • Acquisition, financing, structuring and strategic advisory
  • Undisclosed
  • ICA Partners advised the DIF Capital Partners and Cbus Super on the investment into Bright Energy Investments (BEI) alongside Synergy, the West Australian Government owned generator and retailer.

    DIF Capital Partners and Cbus collectively hold an 80.1% equity interest in BEI which owns a portfolio of wind and solar renewable generation assets and a development pipeline of greenfield renewable assets. The initial BEI assets include the 35MW Albany Grasmere Wind Farm and stage 1 and 2 of the 40MW Greenough River Solar Farm, with construction of stage 2 commencing in April 2018. BEI also reached financial close on the acquisition and financing of stage 1 of the 180 MW Warradarge Wind Farm in December 2018.