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: Digital Inclusion


3E Group (formerly Ecosave Australia & NZ)

INVESTMENT DESCRIPTION

  • 3E Group offers customers a ‘one-stop-shop’ for energy efficiency and renewable energy solutions. 3E Group designs, funds, builds and operates energy efficiency and sustainability capital upgrades for business and government clients across Australia, providing ongoing guaranteed cost savings and reduced carbon emissions.
  • To date, the company has completed more than 3,000 upgrade projects over almost two decades and is an established independent, technology agnostic, government accredited provider of upgrade infrastructure projects. 3E Group’s infrastructure projects have included building energy management, automation systems, appliance controls, replacement of boilers and pumps, lighting systems, installation of rooftop PV and battery systems.

LOCATION: NSW, Victoria
DATE OF INVESTMENT: 2022
IMPACT THEMATIC: Energy Transition, Resource Efficiency

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