Australian renewables investment firm Clean Energy Finance Corp. (CEFC) is planning to invest A$100 million ($70 million) in clean energy.
Clean Energy Finance intends to make the investment through its 50/50 joint venture fund managed by Warada Capital, a company founded by CEFC and Ironstone Capital.
The firm expects to focus on investments in early-stage greenfield projects across a range of renewable energy and energy efficiency opportunities.
Furthermore, Warada Capital will also invest in operating brownfield assets where there is a capacity to improve returns and sustainability through technology enhancements.