Perth-based ESG natural resources investment fund Eden Partners...

Perth-based ESG natural resources investment fund Eden Partners - Sustainable & Responsible Investments has praised Australian Potash's vision to be the lowest C02 emitting SOP project in the country. The Eden fund is backed by institutional investors who are focused on sustainable investments which respond to environmental and social challenges. Fund Manager Matthew Hall said up to 30% of the portfolio was classified as ‘special situations’ investments, which are typically companies with a sub-$500 million market cap that are in the project development phase, often have a single asset and are seeking a combination of debt and equity project financing. “Australian Potash fits into our portfolio under ‘special situations’, he said.“We take a more active approach with our investments and due diligence, and actively engage to drive transformational positive change within the sector. “We conducted an extensive due diligence review of APC over the last several months which led to the positive investment decision in the company. “APC has a very progressive and positive ESG culture. They’re also operating within the sustainable food, agriculture, fertiliser sector which we think is really attractive.” “Their vision to be the lowest C02 emitting SOP project in Australia is appealing and decarbonising the global fertiliser supply chain as well is compelling as a best-in-class asset allocation within the sector.” Eden is predicting further investor interest as the project de-risks and APC moves into production at Lake Wells, providing a stable supply of an environmentally friendly fertiliser product. Australian Potash Managing Director and CEO, Matt Shackleton said the company was committed to producing a sustainable product and having a positive environmental impact. “It is a pleasure to work with an investment fund which supports our efforts in authentic and effective ESG,” Mr Shackleton added. “Eden’s continued support is a great boost for our green credentials as we pursue an ambitious vision to make Lake Wells the lowest CO2 emitting Sulphate of Potash project in Australia.”