Overview
Sustainable Australian Real Assets Fund (SARA) is available to institutional clients only.
SARA is a pure-play energy transition fund which invests in sustainable infrastructure including renewable generation, battery storage, bio-energy and waste-to-energy projects.
Summary and objectives
To deploy up to $1 billion of capital, with targeted risk-adjusted returns of 15%+ per annum over the fund life.
Sustainable real assets
Large scale market opportunity
Portfolio diversified by location and technologies
Partner with experienced Federation team
>20GW
pipeline
includes access to Windlab’s 9GW development pipeline
15%+
per annum
target equity return over the fund life
$1
billion
target investment size over the next four years
ESG is at our core
Highlights
Attractive risk-adjusted returns for infrastructure
SARA is a 10-year close-ended fund with a 15%+ per annum equity return target over the fund life.
Enormous and immediate opportunity set
Once-in-a-generation capital formation event where the Australian Energy Market Operator’s forecast implies Australia’s energy transition will require >$100 billion of investment on new-build sustainable infrastructure by 2030.
Scalable and diversified platform
Risk mitigation through diversification of technology, geography, contracting party and investment across both development and operating assets.
‘Platforms and portfolios’ approach
Designed to gain captive options over a diversified portfolio of renewable assets, developments and technologies.
Proprietary opportunities
Strong proprietary pipeline of >20GW, representing an equity deployment opportunity of >$20 billion, $3 billion executable within the next 12 months.
Experienced and seasoned team
Federation’s core investment team are ex-senior members of Macquarie’s Principal Investment team with a combined track record of 23.3% per annum return on $2.9 billion of exited infrastructure investments since 2011.
Sustainability-related disclosures
The sustainability-related disclosures referred to in Article 10 of Regulation (EU) 2019/2088 can be found by clicking the link below.