Solar and wind assets create long-term value for Intera investors
Intera Renewables platform expands Palisade investment strategy
Renewable energy investor Palisade Investment Partners has created a platform from existing assets to enable more efficient investment at scale.
$1.3 billion
portfolio
~1 GW
renewables capacity
Efficient
investment model
The ability to manage Intera as a single business rather than as individually managed assets, will allow for a greater suite of business and growth opportunities, as well as increased ability to optimise the performance of the existing portfolio through synergies and economies of scale.Darren SextonCEO, Palisade Integrated Management Services
Our investment
Independent infrastructure and real assets manager Palisade Investment Partners launched Intera Renewables in March 2023, with five seed assets.
Palisade Renewable Energy Fund (PREF) is the lead investor in Intera Renewables, with co-investment from Palisade Diversified Instructed Fund (PDIF), HESTA, Aware Super and the CEFC.
The CEFC has an indirect investment in Intera Rnewables through its $75 million cornerstone commitment to PREF made in 2016.
The CEFC equity investment in Ross River Solar Farm was vended into Intera Renewables in return for a direct equity stake in Intera Renewables in 2023 and sold to existing Intera Renewables investors in 2026.
OUR IMPACT
Crowding in institutional investors
Australia requires significant investment in renewable energy to meet its net zero targets. At the same time, institutional investors have a growing appetite for sustainable investment opportunities that can diversify their portfolios and meet the needs of their members.
Combining assets in platforms enables developers to provide opportunities with efficient, at-scale investment in the renewable energy sector.
The focus of Intera Renewables is on developing and constructing new renewable energy projects, while providing investors with stable income returns underwritten by an existing high-quality portfolio of operating assets.
Platform structure optimises investment
The Intera Renewables platform was launched by combining five individual Palisade assets into a single, scalable entity with common ownership, governance, management, and financing structure. The seed assets, with their geographically diverse cash flows are highly contracted, creating a foundation to structure a portfolio financing with significant flexibility and debt capacity above a conventional project financing structure.
Those seed assets were:
- 420 MW Macarthur Wind Farm in Victoria
- 270 MW Snowtown 2 Wind Farm in South Australia
- 116 MW Ross River Solar Farm, Queensland
- 112 MW Granville Harbour Wind Farm in Tasmania
- 94.5 MW Hallett 1 Wind Farm, South Australia.
Intera has continued to expand and diversify its portfolio to include:
- 250MW/500MWh Limestone Coast North Energy Park battery energy storage system in South Australia acquired in February 2025.1
- 240MW/960 MWh Summerfield Battery in South Australia acquired in April 2026.2
1. Palisade Group Statement, Palisade Signs Transaction to Acquire First Large-Scale Battery
2. Palisade Group Statement, Palisade signs transaction to acquire second large-scale battery through Intera Renewables
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