Solar Bay is a Renewable Energy Fund with a focus on Distributed Energy Resources for commercial energy users. Technologies we fund include; rooftop and ground mount solar, battery storage, waste to energy, demand management, demand response, and micro-grids to amalgamate all the technologies. Typical investment size range between $500,000 – $30 million, with smaller per site capital deployment possible for multi-site rollouts.
Solar Bay was founded in 2016 with the goal of providing complex energy solutions to commercial and industrial users, in a simple format where electricity is purchased over long term contracts, as opposed to equipment. Solar Bay now owns and operates some of the largest rooftop and ground mounted solar arrays in Australia, and is bidding on projects in Oceania, Asia & Africa.
Our Investment Managers
Luke Murnane manages the asset management division of Solar Bay. This includes the installation, operations, and upgrading of micro-grids, battery storage and demand management. Holds A Grade Electrical Licence and was Head of Energy at Stockland across its diversified property portfolio, prior to joining Solar Bay in 2019.
James Doyle is a co-founder and Investment Director of Solar Bay. He manages the fund management, wholesale market integration, and asset acquisition components of Solar Bay. He has previously worked as an analyst at ANZ Bank, holds a Master of Commerce from The University of Sydney, and Bachelor of Commerce from Otago University.
Andrew Archibald is the co-founder and Investemnet Director of Solar Bay. Andrew manages the investment and deployment of renewable assets for REITS. He is a Member of the Property Council of Australia and Urban Development Institute of Australia. He holds a Bachelor of Commerce from The University of Otago and Leading with Finance from Harvard University.