Moss Capital has launched a solar energy fund, a first for Australia.
The fund manager stated that the $100 million Australian Solar Fund would invest in commercial and industrial scale solar projects that have guaranteed power sale agreements with buyers such as local councils, blue chip property owners and electricity retailers.
“The Australian Solar Fund takes advantage of positive market conditions and captures this resource of clean, emission-free energy to generate saleable power and return for investors,” said Moss Capital chairman Bill Moss.
Moss Capital’s head of energy and resources, Martin Rushe, said local councils and corporations recognised that commercial scale solar power installations were a hedge against rising electricity prices.
