Energy Transition

Australia

2 minutes

20/08/2025

Foresight’s Australian Renewables Income Fund Completes ~A$700 million Portfolio Debt Refinancing

The Australian Renewables Income Fund (ARIF or the Fund) is pleased to announce the successful  completion of a ~A$700 million portfolio debt refinancing transaction, marking a significant  milestone to strengthen the Fund’s capital structure and provide a platform to support future  growth.

The portfolio refinancing consolidates debt across ARIF’s portfolio of ten operating renewable 
energy projects and establishes a funding platform to enable continued investment in high-quality 
renewable energy projects to support the energy transition. The facility offers improved pricing, 
debt sizing and provides increased flexibility in terms, relative to the existing project financing on 
ARIF assets.

The portfolio facility comprises a A$620 million term loan and an A$80 million multi-purpose facility, 
provided by a syndicate of leading domestic and international banks including ANZ, Westpac, 
Mizuho, HSBC, and Bank of China. RBC Capital Markets acted as financial advisor to ARIF alongside 
White & Case as borrower’s counsel.

Proceeds from the transaction will be used to refinance existing project finance debt and support 
ARIF’s growing development pipeline to further enhance portfolio diversification.
Daniel Beaver, Portfolio Manager of ARIF, commented:

“This refinancing marks a significant milestone for ARIF, reinforcing the strength and scale of our 
operating portfolio and establishing a funding platform to support future growth. ARIF aims to 
continue investing in high-quality businesses and assets supporting the energy transition across 
Australia and New Zealand, while maintaining our commitment to delivering attractive returns for 
our investors.”

About the Australian Renewables Income Fund
ARIF is a leading regional energy investment platform, offering investors the opportunity to capture 
value from the energy transition, through a diversified portfolio of operational renewable energy 
assets across wind, hydro and solar asset totalling 787 MW and a pipeline of development 
opportunities.

For further information, please contact:
Daniel Beaver
ARIF Portfolio Manager
DBeaver@ForesightGroupau.com
+61 404 009 804

Andrew Heyden
Director, Institutional Clients
AHeyden@Foresightgroupau.com
+61 402 727 419

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