Future Energy Pty Ltd was established in 2004 to develop, construct, own and operate renewable energy projects throughout Australia. Since its inception, the company secured Development Approval for over 60 megawatts of wind generation.
The first completed project, the Hepburn Community Wind Park, received Development Approval in 2007 and commenced generation in June 2011. It is Australia’s first community owned wind farm and has received international recognition for its achievement. See www.hepburnwind.com.au.
The team’s most recent project, the Maroona Wind Farm, south of Ararat in Victoria, received Development Approval from the Minister for Planning in May 2016 and was constructed in 2017. See www.maroonawindfarm.com.au.
In October 2017 German renewables company BayWa r.e GmbH purchased the Future Energy business including all assets, the development team, and the project pipeline of four wind farms and one solar farm totalling some 40MW. At that time the company was renamed Fezero Pty Ltd, and it continues to asset manage the Chepstowe and Maroona wind farms on behalf of the investor/owners.
Pro Ventum International GmbH is part of the German based Pro Ventum Group which has been developing and investing in wind energy project developments since 1991. Pro Ventum's first wind power plant – using Vestas V39 500kW turbines – was erected in the highlands of Saxony in September 1994. In the years since, the Pro Ventum Group has developed and invested in a number of projects in Germany, Ireland, Australia and Thailand.
The group can offer a complete management solution for the planning, development, construction and operation of wind farm projects.
IIG was established to prove that new model of business is possible – one which combines traditional investment principles with an intention to improve social and environmental outcomes. Their role is to create impact investment opportunities that generate attractive financial returns to investors and deliver meaningful change for society.
Fewione Pty Ltd is a holding company established to represent the interests of Fezero’s own investor group in the Chepstowe Wind farm.