Investment strategy
Underwrite the downside. Structure the certainty. Stage the capital.
Aurora's strategy is deliberately narrow. We seek assets whose economics are legible, whose risks are structurable, and whose relevance is durable — and we commit capital progressively as evidence accumulates.
Selection criteria
What must be true before we proceed.
Revenue character
Contracted, regulated or utility-like cash flows with credible counterparties.
Barriers to replication
Permits, grid or land position, scarcity of substitutes, or regulatory moat.
Capital structure
Defensible position with covenant architecture proportionate to risk.
Jurisdiction
Stable legal systems, enforceable security, transparent permitting.
Governance readiness
Ability to meet institutional reporting, audit and control standards.
Exit and refinance
Identifiable institutional buyer universe or refinancing pathway.
Capital staging
Commitment tied to validation, not enthusiasm.
Capital is released in tranches. Each tranche is conditional on the completion of defined validation milestones and Committee reaffirmation.
Feasibility & validation
Technical, legal and commercial verification of core assumptions.
Development capital
Permitting, land, grid and anchor counterparty formalisation.
Project finance
Structured senior facilities and equity syndication to institutions.
Operate & refinance
Stabilised operation, refinancing and disciplined expansion.
Risk discipline
Risk is priced, structured or declined — never assumed away.
Review the mandate in detail.
Detailed strategy documentation, underwriting standards and portfolio construction parameters are available to verified investors.
Important information
The information on this website is provided for general information purposes only. It does not constitute an offer, invitation, solicitation, recommendation or inducement to acquire, subscribe for, or dispose of any financial product or interest, and does not take account of the objectives, financial situation or needs of any person. Nothing on this website constitutes financial product advice, legal, taxation or accounting advice. Access to certain material is restricted to wholesale, professional, institutional or otherwise qualified investors under applicable law. Past performance is not indicative of future performance. Forward-looking statements are subject to assumptions, uncertainties and risks and may not be realised.