As the year comes to an end, we reflect on the positive environmental impact of our two British Onshore Wind Funds to date.
News & Announcements
Resonance Asset Management (‘Resonance’), the infrastructure investor focused on renewable energy and water infrastructure, announces an expansion in the scope of Resonance’s industrial water infrastructure investment strategy, as deployed in Resonance’s first industrial water infrastructure fund: Resonance Industrial Water Infrastructure Limited (“RIWIL”) (now closed for subscription).
Value and price of water has been a major topic of debate at many global water related conferences. This theme is very closely linked with water reuse. For us, in finance, value and price are not philosophical or ethical issues, but very practical ones. Water reuse (like desalination) would only make financial sense, and hence worth investing in, if it can be delivered at a price the buyers are willing to pay for it.
The first project is a greenfield investment in a water reclamation plant project under a 20-year BOT arrangement in Bangkok, Thailand with a client who is one of the leading global glove manufacturers with a history of success. The second investment is in Project CPF, an acquisition of an SPV that manages multiple existing water supply facilities across Thailand, along with additional investment in new plants.
Resonance announces the completion of two further wind farm investments out of its second wind fund: Resonance British Wind Energy Income II Limited (the “Fund”). Both assets have an exporting capacity of 500kW each having been de-rated from 800kW to benefit from higher FiTs tariff.
The Australian water and bioenergy infrastructure sectors can provide significant investment opportunities and attractive risk/return characteristics for institutional investors and superannuation funds.