Australian institutional investors are being targeted by Channel Capital and Capital Dynamics via a partnership aimed at providing specialist Clean Energy Infrastructure exposure.
The partnership was announced to the market today with Capital Dynamics Clean Energy Team (CD CEI) noted as including Tim Short – a former adviser on climate change to Australian Prime Minister, Malcolm Turnbull.
The announcement described the CD CEI as one of the largest specialised renewable investment managers in the world with approximately US$3 billion in assets under management (AUM).
CD CEI’s investment management group partners with Arevon, a CEI dedicated external team of 80 asset and construction management professionals across major target geographies to optimise asset operations over the long-term.
Commenting on the move, Capital Dynamics’ global head of Clean Energy Infrastructure, John Breckenridge, said Global Renewable Energy infrastructure was the last frontier of genuinely contracted long-term fixed revenue streams in the infrastructure space.
“CD CEI is thrilled to be able to demonstrate our expertise in this market to Australia’s most important institutional investors through our partnership with Channel Capital,” he said.
Channel Capital’s head of distribution, Andrew King said that from all the company’s dialogue with clients over the past 12 months it appreciated that high quality offshore renewable assets were difficult to access for both direct investors and asset managers that were not renewable specialists.
“Given the sheer size of the renewable sector within infrastructure globally moving forward, considering a specialist in the space seems a prudent option to consider. We are delighted to be able to offer our clients access to who we consider to be a leading clean energy infrastructure manager, Capital Dynamics,” he said.