Australian Renewables Income Fund (ARIF)

The Australian Renewables Income Fund (ARIF) is an energy transition fund focused on generating long-term returns, investing in a portfolio of operational and development-stage assets across Australia and New Zealand. 

The strategy includes investments in wind, solar, hydro and battery storage, combining operational renewable energy assets that provide immediate cash flow with development opportunities that support future growth. 

ARIF is positioned to capture value from the energy transition while delivering stable returns.

ARIF invests in a diversified portfolio of renewable energy and energy storage assets, including wind, solar, hydroelectric and battery storage projects, as well as distributed energy systems. 

The fund focuses primarily on operational assets that generate stable, cash-based income, while maintaining a selective pipeline of development-stage projects to support long-term growth. 

This balanced approach provides exposure to both renewable infrastructure and future energy transition opportunities across Australia and New Zealand.

ARIF generates income and returns through a combination of contracted revenues, government-backed support mechanisms and exposure to wholesale energy markets. 

A significant portion of income is derived from power purchase agreements (PPAs) and offtake contracts, providing stable and predictable cash flows. This may be complemented by government-backed renewable energy schemes. 

ARIF also maintains selective exposure to merchant energy markets, allowing the portfolio to benefit from electricity pricing movements. These revenue streams are supported by active asset management focused on performance optimisation and long-term value.

Australia is an attractive market for renewable energy investment due to strong natural resources, supportive policy frameworks and growing demand for clean energy and grid infrastructure. 

High-quality wind and solar resources enable cost-competitive renewable generation, while the transition away from fossil fuels is driving investment in energy storage, grid capacity and system flexibility. 

This creates a broad pipeline of infrastructure opportunities, with a mix of contracted revenues and wholesale electricity market exposure. 

The Fund was established in 2018 and consists of a diversified portfolio of established operational assets and a pipeline of development opportunities. 

The investment team continues to screen potential new opportunities including operational renewable energy assets that generate immediate, stable cash flows and development-stage renewable energy and storage projects to support long-term growth and portfolio optimisation. 

This approach balances reliable returns with additional value creation opportunities across the energy transition.

ARIF manages risk through diversification, structured revenue models and active asset management. 

The portfolio is diversified across technologies, asset types and geographies within Australia and New Zealand. Revenue risk is managed through a balance of long-term contracted income and selective exposure to merchant energy markets. 

ARIF also benefits from in-house asset management expertise, supporting performance optimisation, cost control and responsiveness to market conditions.

Foresight has over 20 years’ experience investing in and managing renewable energy and infrastructure assets in Australia. 

The local team has originated, developed and operated a diversified portfolio of renewable energy investments on behalf of institutional investors, with capabilities spanning acquisition, development, asset management and energy markets.

ARIF creates value through active asset management, development activity and market exposure. 

Key drivers include building and operating energy businesses, expanding existing assets, leveraging strategic partnerships and optimising the balance between contracted revenues and wholesale energy market exposure.

Yes. ARIF is supported by an in-house asset management platform with capabilities across commercial asset management, operations and maintenance (O&M), engineering, energy markets and development. 

This integrated approach supports more active management of renewable energy assets and long-term value creation.

Yes. ARIF has access to an in-house development team responsible for originating and delivering renewable energy and storage projects. 

This capability allows ARIF to secure its own development pipeline, expand existing assets and capture additional value across the development lifecycle.