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.
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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.
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
Q
Queensland Investment Corporation (QIC)
investor
"backed by A$80 million ($56 million) in investment from the Queensland Investment Corporation (QIC)"
W
Wollemi Capital
investor
"backed by A$80 million ($56 million) in investment from the Queensland Investment Corporation (QIC) and Wollemi Capital"
K
Kalfresh
developer
"Led by major vegetable grower Kalfresh"
medium quality
Enriched Feb 25, 2026
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