Fund Spotlight: Zenith Energy
Zenith Energy is one of Australia’s leading developers and operators of bespoke off-grid and urban microgrids, with excess of 500 MW, capacity under contract or in-development.
Foresight has actively supported the growth of Zenith since its acquisition in 2020 by leveraging its in house renewables, project structuring and financing relationships, expertise and experience.
Andrew Pickering, CIO, Foresight Australia said:
"Zenith has reached some incredible milestones. This was recognised at this year’s 2023 Asian Power Awards, where Zenith was named ‘IPP of the Year - Australia’ and ‘ESG Programme of the Year - Australia’. A testament to everyone involved in this transformational scheme! “
The transaction supports Zenith on their mission to decarbonise Australia’s extractive industry sector and bridge the gap between the renewable and resources industries.
The structure also includes a decarbonisation test to ensure Zenith’s Scope 3 emissions reduce over time.
For more information contact:
Edward Lloyd | Executive Director | Investor Relations
Meena Samaan | Director | Infrastructure