Warada joint venture blossoms
Warada Capital is a new, integrated development and fund management company created as a specialist joint venture between the CEFC and ICA Partners (previously Ironstone Capital Advisory). Drawing on the established experience and networks of its two founders, Warada Capital aims to give the investment community access to a strong pipeline of early-stage or pre-financial close clean energy investment opportunities, particularly those with an appropriate balance between investment returns, innovation and decarbonisation. The CEFC has a 50 per cent equity stake in Warada Capital and will make up to $100 million available for potential investment opportunities. Warada is an Indigenous word for Waratah, the iconic Australian flower.