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Real Assets
Private Equity & Ventures
Real Assets
Private Equity & Ventures
The Kondinin Energy Project in Western Australia is a key asset in our Australian Renewable Infrastructure Fund's (ARIF) portfolio. Developed in partnership with Shell, this venture aims to generate clean energy, reduce carbon emissions, and support the local economy in Western Australia.
In 2022, we acquired Kondinin Energy Pty Ltd through a 50/50 joint partnership with Shell Energy. The project is located approximately 245 km east of Perth and will comprise a 370MW hybrid energy system featuring:
Once operational, the Kondinin Energy Project is projected to generate approximately 500 GWh of electricity annually, helping to offset around 360,000 tonnes of carbon dioxide emissions every year - equivalent to removing roughly 78,000 cars from Australia’s roads.
The Kondinin site is positioned in a strong renewables resource area and close to the Western Power 220kV transmission line, enabling seamless integration into the grid. The electricity produced will flow directly into the pre-existing Kondinin substation and feed into the broader Western Power network.

The project is currently in the feasibility phase, with work underway to assess its technical, environmental, social, and economic impacts. Construction of Stage 1 is anticipated to begin in 2025 and will take up to two years to complete.
The project is expected to:
The Kondinin project’s hybrid design ensures energy reliability and efficiency. Wind resource measurements indicate that the prevailing wind comes predominantly from the southeast and is strongest overnight. By combining solar and wind power, the project will deliver a consistent and complementary renewable energy output.
We are committed to building strong relationships with the Kondinin community and broader Western Australian stakeholders. To ensure ongoing dialogue and transparency, we established a Community Consultative Committee (CCC) in late 2022.
The CCC serves to:
As part of our commitment to the local community, the project will introduce a Community Fund offering $100,000 per year in local grants. This fund will support community projects and initiatives that benefit the areas neighbouring the project throughout its 25-year lifespan.
The CCC will oversee the fund’s administration, ensuring transparency and fairness in grant distribution. Local organisations, groups, and initiatives will be eligible to apply for support once the fund is activated.
The Kondinin Energy Project highlights our dedication to renewable energy innovation, job creation, and meaningful community partnerships. Through this project, we are helping power a cleaner future for Western Australia.
With over two decades of experience investing in renewable energy across Australia, we are proud to play a key role in the country’s transition to a low-carbon future.
To learn more about our Australian Renewables Income Fund, visit: foresight.group/arif