Australia's ICG raises over $107m for renewable energy fund

Australia's ICG raises over $107m for renewable energy fund

Photo: Pixabay

Australian infrastructure fund manager Infrastructure Capital Group (ICG) has raised over A$150 million ($107.75 million) from the Clean Energy Finance Corporation (CEFC) for its newly launched Australian Renewables Income Fund (ARIF).

ICG cited in a statement on Wednesday that the CEFC investment is the largest equity injection in the renewable energy fund to date.

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