Queensland Investment Corporation and Wollemi Capital invest A$80 million in Kalfresh-led bioenergy hub

By Global Infrastructure Sherpa · Feb 25, 2026

Investment Bioenergy announced Kalbar, Australia Feb 25, 2026

USD80M

Deal Value

31000 null

Capacity

Scenic Rim Agricultural Industrial Precinct

Project

Queensland Investment Corporation (QIC) and Wollemi Capital jointly invested A$80 million ($56 million) in the Scenic Rim Agricultural Industrial Precinct, a A$291 million bioenergy and food hub at Kalbar led by major vegetable grower Kalfresh, which will include a biogas anaerobic digestion facility.

Deal Analysis

Queensland Investment Corporation (QIC) and Wollemi Capital have jointly committed A$80 million to the Scenic Rim Agricultural Industrial Precinct, a A$291 million bioenergy and food hub spearheaded by Kalfresh in Kalbar, Australia. This investment will support the development of a biogas anaerobic digestion facility within the precinct. The project aims to create a sustainable agricultural ecosystem by integrating bioenergy production with food processing, potentially reducing waste and generating renewable energy. This deal signifies a growing interest in integrated agricultural and bioenergy projects. The involvement of QIC, a major institutional investor, and Wollemi Capital, alongside Kalfresh, a significant vegetable grower, underscores the project's potential and bankability. The investment highlights the increasing focus on sustainable agricultural practices and the utilization of bioenergy technologies to enhance resource efficiency and reduce environmental impact within the agricultural sector.

A$80 million investment by QIC and Wollemi Capital.
A$291 million total project value for the Scenic Rim Agricultural Industrial Precinct.
Focus on bioenergy through a biogas anaerobic digestion facility.
Led by Kalfresh, a major vegetable grower, indicating strong industry involvement.

Market Context: The bioenergy sector in Australia is experiencing growth, driven by increasing demand for renewable energy sources and a focus on sustainable agricultural practices. Government policies and incentives are further supporting the development of bioenergy projects, particularly those that integrate with existing agricultural operations.

Source Intelligence

KEY DETAILS

The project will include a biogas anaerobic digestion facility. "The precinct will include a biogas anaerobic digestion facility, which will convert agricultural and food waste into enough energy to power up to 31,000 homes or fuel up to 98 million kilometers of transport a year, while also producing natural bio-fertilizers to reduce reliance on imported synthetic alternatives and support local"

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Deal Size

a joint A$80 million ($56 million) investment in the Scenic Rim Agricultural Industrial Precinct

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Capacity

enough energy to power up to 31,000 homes

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Location

investment in the Scenic Rim Agricultural Industrial Precinct — a A$291 million ($205 million) bioenergy and food hub at Kalbar, southwest of Brisbane.

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Financials

a joint A$80 million ($56 million) investment in the Scenic Rim Agricultural Industrial Precinct — a A$291 million ($205 million) bioenergy and food hub

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Announcement

FEBRUARY 25, 2026

PARTIES MENTIONED IN SOURCE

Queensland Investment Corporation (QIC) investor

"backed by A$80 million ($56 million) in investment from the Queensland Investment Corporation (QIC)"

Wollemi Capital investor

"backed by A$80 million ($56 million) in investment from the Queensland Investment Corporation (QIC) and Wollemi Capital"

Kalfresh developer

"Led by major vegetable grower Kalfresh"

medium quality Enriched Feb 25, 2026