Palisade Impact

Palisade Impact was established in 2021 and is focused on unlisted investments that intentionally target solutions to environmental and social challenges while delivering strong risk-adjusted returns.  Palisade Impact provides practical solutions to these issues, by investing in next generation infrastructure and infrastructure-like assets and businesses that provide essential services, supporting the future economy.

Palisade Impact takes a cross-sector approach to driving the race to zero: zero emissions, zero waste and zero inequality.  These themes, together with changing technology and policy, provide a large opportunity to invest in a greener, smarter, more equitable, connected infrastructure of the future.

Palisade Impact is majority owned by the executive team, with 2% of the profits of the manager also being paid to a charitable foundation and a leading impact industry body, enabling dedicated funding to go towards charitable causes, advocacy and the growth of the impact industry.

The platform builds on Palisade’s strong ESG capabilities.  It also leverages Palisade’s active management and development expertise in the waste management, digital infrastructure and renewable energy industries.

Note. Palisade Impact will seek to help achieve the race to zero by investing in next generation infrastructure and delivering change to those investments by providing differentiated capital, actively implementing initiatives that assist with the race to zero and periodically measuring progress against those targets.

Palisade Impact Investments

GigaComm

INVESTMENT DESCRIPTION

  • GigaComm is a telecommunications infrastructure company, providing Australian businesses and consumers with ultra-fast, reliable, connected broadband
  • GigaComm uses a combination of technologies, allowing consumers to bypass the NBN and delivers Gigabit speeds, which is 10x faster than the national download average in Australia

LOCATION: NSW, Victoria
DATE OF INVESTMENT: 2022
IMPACT THEMATIC: Inclusion Infrastructure

PureSky

  • Vertically integrated platform which develops, owns and operates US community solar, C&I and battery storage projects
  • ~200MWDC operating and under-construction portfolio, with a large pipeline of solar and storage projects across existing and new US markets
  • Led by an experienced management team with capabilities across greenfield development, construction, financing, acquisitions, subscriber and asset management

LOCATION: United States
OWNERSHIP INTEREST: 50%*
DATE OF INVESTMENT: 2023
IMPACT THEMATIC: Energy Transition
* Combined ownership interest under funds managed by Palisade Infrastructure (33.3%) and Palisade Impact (16.7%).

RepurposeIt

INVESTMENT DESCRIPTION

  • Repurpose It (RPI) is a Melbourne-based company founded in 2017. It provides construction and demolition (C&D) and organics resource recovery services to the Victorian market
  • RPI’s first-of-its-kind C&D wash plant processes contaminated soils to produce sand, aggregates, and clay, while its organics division processes soft food and garden organics (FOGO) and hard organic waste to produce compost, soil, mulches, and decorative bark. These systems help eliminate waste flows to landfills and reduce emissions through a closed-loop resource recovery system

LOCATION: Victoria
DATE OF INITIAL INVESTMENT: 2023
IMPACT THEMATIC: Circular Economy

IPLiving

INVESTMENT DESCRIPTION

  • IPLiving is a purpose-led retirement living platform formed by PI and Zig Inge Group, a leading retirement community operator and developer. The platform is focused on improving resident wellbeing and creating long-term impact, and seeks to differentiate itself from the typical retirement sector business model through the explicit incorporation of unique impact objectives and KPIs.
  • IPLiving currently consists of three retirement villages based in Victoria, being Prospect Hill Village, Pinetree Donvale, and Richfield Village. The platform will look to grow in scale over the medium and long term, with a tangible pipeline of brownfield and greenfield opportunities available.

LOCATION: Victoria
DATE OF INITIAL INVESTMENT: 2024
IMPACT THEMATIC: Inclusive Infrastructure

Energy Locals Platform

INVESTMENT DESCRIPTION

  • Energy Locals (EL) Group is a leading distributed energy platform that provides greener and more cost-effective energy network services to Australian residents & developers of multi-unit buildings. The platform comprises three distinct businesses: Energy Locals Urban – one of Australia’s largest embedded networks businesses, Energy Locals – an award-winning green energy retail business, and Strata Energy Services – the leading energy services brokerage business to the strata industry.
  • The platform aims to deliver a range of impact initiatives, including: providing end users direct access to renewable power and energy efficiency initiatives, cost-effective installation of adjacent energy infrastructure, and providing access to lower-cost high-quality utilities for a range of end-users.

LOCATION: Australian East Coast
DATE OF INITIAL INVESTMENT: 2024
IMPACT THEMATIC: Energy Transition