Helping fund Australia’s energy future
Tilt Renewables is a landmark financing initiative created by AGL in 2016, designed to unlock investment in large-scale renewable energy.
The fund was established through a partnership with Queensland Investment Corporation (QIC), on behalf of its clients the Future Fund, and those invested in the QIC Global Infrastructure Fund.
In November 2025, AGL announced the divestment of 19.9% of its 20% equity interest in Tilt Renewables to existing shareholders and other entities led by QIC and the Future Fund for $750 million.
Tilt has been a valued partner since the inception of the Powering Australian Renewables Fund in 2016 to accelerate deployment of wind and solar renewable generation in Australia. This divestment will see us continue our strategic partnership that advances both Tilt’s expanding asset portfolio and AGL’s decarbonisation strategy, including offtake opportunities for a share of Tilt’s existing assets and development pipeline.
Tilt currently provides 1.6 GW of renewable generation capacity to AGL under long-term power purchase agreements, including recent commitments to Palmer Wind Farm and Waddi Wind Farm.
