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About: Powering Australian Renewables Fund     Goto   Sponge   NotDistinct   Permalink

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Powering Australian Renewables (PowAR) is an Australian infrastructure investment fund closely associated with but independent from AGL Energy. Initial investment in PowAR was $200M from AGL, and up to $800M from each of QIC Global Infrastructure Fund and the Australian sovereign wealth fund, the Future Fund. As of 2022, PowAR has merged with Tilt Renewables following a complex acquisition and merger, making it the largest private developer and generator of renewable electricity in Australia.