fed renewable energy fund launched

SXVP launches Renewable Energy Fund
Thursday, 15 December 2011
Overview of the Southern Cross Renewable Energy Fund

The Southern Cross Renewable Energy Fund is a $200 million, 13-year co-investment arrangement by the Australian Government, Southern Cross Venture Partners (SXVP) and Softbank China Venture Capital (SBCVC).
A make or break opportunity for this and many other OZ companies. CBD better book a permanent hotel room and office opposite the venture capital firm's office. $200M on offer, best bang for buck wins (I am buying Infigen!)


http://www.sxvp.com/news/article_88/index.htm
The Australian Government’s commitment of $100 million has been matched 1:1 with private sector investment from SBCVC, a leading venture capital firm in Asia. The fund is expected to commence on 1 January 2012 and will be based in Sydney, Australia.

The aim of the Southern Cross Renewable Energy Fund is to realise significant financial returns for its investors by making selected investments in Australian renewable energy companies, providing the capital and management skills they need to commercialise their technologies and succeed in domestic and overseas markets. The Fund’s investment approach is founded on the conviction that Australian entrepreneurs need to be internationally aware and connected to be truly competitive