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