Providence
Managed FUnds
Providence Asset Group’s managed funds are open to sophisticated, wholesale and institutional investors.
Providence Asset Group’s managed funds are open to sophisticated, wholesale and institutional investors.
Fund Description
The Fund aims to provide Investors with exposure to a diversified portfolio of infrastructure assets in Australia focused on renewable power generation, storage and delivery.
Return Objective
The Fund aims to provide Investors with a fixed annual return over the suggested minimum investment timeframe, as well as targeted capital gain return at the end of the investment term.
Fixed Return Distribution Frequency
Quarterly
Risks
An investment fund is subject to a number of risks. For a detailed description of these risks please refer to the Information Memorandum.
1. The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.
Yarranlea Solar Farm is an innovative large-scale solar farm located in the Darling Downs region of Queensland, about 50 km west of Toowoomba. Covering an area of approximately 250 ha, it will have a generation capacity of approximately 102.5 MW (AC), sufficient to power up to 32,000 homes. It will be connected to the power grid using the existing Ergon Energy infrastructure, located adjacent to the development site.
The project development team is working closely with the local community to deliver the project with minimal disruption. Local resources are being utilised wherever possible, and the farm will contribute to the state’s green footprint in support of the Queensland Government’s Green Policy.
Location
Yarranlea QLD
Land Area
250 Hectares
Generation Capacity
102.5 MWh
Estimated Completion
June 2020
Project Value
$250M
Providence Asset Group is developing a portfolio of community solar farms in the regional area, the solar farms will be connected to the national grid, allowing access to the local community and the larger electricity market.
Location
Manilla NSW
Land Area
12 Hectares
Estimated Completion
Q1 2021
Project Value
$10.4M
Under Development
Location
South Tamworth
Land Area
12 Hectares
Estimated Completion
Q2 2021
Project Value
$10.9M
Under Development
Location
Guyra
Land Area
20 Hectares
Estimated Completion
Q2 2021
Project Value
$10.2M
Under Development
Location
Finley
Land Area
15 Hectares
Estimated Completion
Q2 2021
Project Value
$10.7M
Under Development
Location
Gunnedah
Land Area
15 Hectares
Estimated Completion
Q2 2021
Project Value
$10.3M
Under Development
Primary focus in technology businesses that create positive environmental and/or social impact, including renewable energy, clean technology, smart city and artificial intelligence sectors.
Business will display the following features and characteristics:
- rapidly growing Australian-based early stage business;
- competitive advantage that gives the investee company the potential to become nationally and/or globally competitive in their sector especially within renewable energy, smart cities or artificial intelligence;
- management teams with proven track records;
- investment can provide the Partnership with a meaningful equity stake with board representation and appropriate shareholder protections;
- strong technology advancements focused on environmental and social impact
Providence Infrastructure Fund
The Providence Infrastructure Fund aims to provide Investors with exposure to a diversified portfolio of renewable infrastructure assets in Australia.
Ethical
Investment
Our vision and strategy is centralised around socially responsible investing (SRI) within an environmental, social, and governance (ESG) framework. Providence Asset Group has developed an ethical investment policy, kept under regular review, to ensure that our values are reflected in the investments that we make and our involvements within the community.