ICA Partners is a market leader in the renewables space
We recently partnered with the Clean Energy Finance Corporation (CEFC) to create a specialist joint venture, Warada Capital (Warada). Warada is a new, integrated development and fund management company that will draw on the established experience and networks of its two founders. The CEFC, which owns 50% of Warada, is committing up to $100 million for potential investment in projects identified by Warada.
Warada will focus on investments in early stage greenfield projects across a range of renewable energy and energy efficiency opportunities, recognising such projects can struggle to raise essential early-stage risk capital. Warada will use its extensive financial, commercial and technical expertise in the renewable energy sector as well as industry contacts to help drive these projects to reality. Warada intends to operate at the forefront of the renewable energy sector and help drive new technologies and grid solutions to accelerate the introduction of renewable energy into the Australian market.
Warada will also invest in operating brownfield assets where there is a capacity to improve returns and sustainability through technology enhancements.
For more information, see www.warada.com.au