AGL said the Power Australian Renewables Fund expects to support up to A$3bn ($2.13bn) of projects.
The utility will seed the fund with the 155MW from its solar projects at Nyngan and Broken Hill.
AGL will also take an equity stake worth about A$200m in the fund, with invitations to “a small number of partners” and a “broad mix of banks and funds” contributing debt.
The
