Kilara Capital

What Kilara Capital does

Kilara Capital (legal entity Kilara Management Pty Ltd) is an Australian impact investment firm founded in 2021 and headquartered in Melbourne, with a Prahran-listed address and a second Melbourne office for its Kilara Energy subsidiary. The firm operates three business lines. The first is private equity: Kilara launched the A$40 million Kilara Growth Fund (KGF) in mid-2022 (fully deployed) and, via a 2025 joint venture with Salter Brothers, the KSB Transition Fund (KTF) targeting profitable SMEs in decarbonised supply chains. The second is Kilara Energy, a utility-scale wind and solar project developer including the Wilan Wind Farm sited across 16,000 hectares in the Southwest Renewable Energy Zone. The third is Kilara Infrastructure Solutions, which delivers industrial refrigeration, solar PV and energy storage under an Energy and Refrigeration as a Service (ERAS) model — design, construction, ownership and long-term operation funded via Power Purchase Agreements.

Revenue is derived from three mechanics: management fees and carried interest on managed PE funds; project development, ownership and long-term operation of renewable energy assets; and recurring ERAS service contracts under multi-year PPAs. Customers are wholesale investors (funds), industrial and SME operators in decarbonisation supply chains (PE deals and ERAS clients), and energy off-takers (Kilara Energy). Distribution is direct, via enterprise field sales to wholesale LPs and a channel partnership with Salter Brothers (KSB Sustainable Investments platform — combined $4.5B AUM, 10+ funds, 150+ staff).

The proprietary technology stack includes the ERAS owner-operator integration model, the Kilara Decarbonisation Investment Methodology, and The Impact Stack Toolkit for impact measurement. Certification includes B Corporation status (February 2022). The portfolio spans JET Charge (EV charging), Wattwatchers (energy monitoring), Amber Electric (real-time retail electricity), Grounded Packaging, Sircel (e-waste, exited 2025), Tasman Environmental Markets, Loliware, Mosa Meat and Master Instruments; notable exits include Climate Friendly (2019) and Sircel (2025).

Name

Kilara Capital

Legal name

Kilara Management Pty Ltd

Website

https://kilaracapital.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Kilara Capital is an Australian impact investment firm operating three business lines — private equity funds (KGF and the KSB Transition Fund), utility-scale renewable energy development via Kilara Energy, and Energy and Refrigeration-as-a-Service infrastructure solutions — serving wholesale investors and decarbonisation-sector SMEs.

Ownership category

akta.pro rank

Product category

Decarbonisation Investment Management

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

akta.pro secondary industries

Renewable Energy Infrastructure (FSAAAKAG), Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS) (FSANAEAD)

Keywords

• Private equity funds
• Decarbonisation investment
• Renewable energy development
• Energy infrastructure services
• Impact investing

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Private Equity Fund Management: Generates returns through equity and preferred equity investments in private companies across decarbonisation sectors. Revenue derived from management fees and carried interest on fund performance. Invests in profitable SMEs with proven business models, targeting supply chain critical businesses in global decarbonised supply chains.
2. Renewable Energy Project Development: Developer of utility scale wind and solar projects. Revenue generated through project development, ownership and long-term operation of renewable energy assets. Backed by patient capital and long-term investment horizon.
3. Energy and Refrigeration as a Service (ERAS): Provides industrial refrigeration solutions, solar PV and energy storage through an owner-operator model. Kilara designs, builds, owns and operates assets, providing services to clients who avoid upfront capital costs. Revenue model based on Power Purchase Agreements and long-term service contracts.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Kilara Capital manages decarbonisation-focused private equity funds (Kilara Growth Fund and the KSB Transition Fund) for wholesale and institutional investors, invests in profitable SMEs across decarbonised supply chains, develops utility scale wind and solar renewable energy projects through Kilara Energy, and delivers industrial refrigeration, solar PV and energy storage assets under the Energy and Refrigeration as a Service (ERAS) owner-operator model through Kilara Infrastructure Solutions.

Product overview

Kilara Capital is an investment firm with three distinct business lines: Private Equity (managing funds including KSB Transition Fund and Kilara Growth Fund focused on decarbonisation investments), Energy (utility scale wind and solar project development through Kilara Energy), and Infrastructure Solutions (providing industrial refrigeration, solar PV and energy storage via the Energy and Refrigeration as a Service model). The firm also maintains a portfolio of investee companies including JET Charge (EV charging), Wattwatchers (energy monitoring), Amber Electric (retail electricity), Grounded Packaging (sustainable packaging), and others focused on decarbonisation outcomes.

Differentiator

Problem solved

Functional benefit

Products and services

• Kilara Growth Fund (KGF) An Australian small-cap, impact-focused private equity fund supporting private market investments in the transition to a low carbon economy. Closed June 2022 at A$40 million and fully deployed. Targets companies with a proven business model, nearing or achieving profitability; a point of entry for wholesale investors seeking exposure to climate-smart investments.
• KSB Transition Fund (KTF) A private equity fund designed to capitalise on the decarbonisation of the real economy, focusing on profitable companies that can be nested into decarbonised global supply chains. Joint venture between Kilara Capital and Salter Brothers, supported by combined AUM of over $4.5 billion across 10+ funds and 150+ staff.
• Kilara Energy A utility-scale wind and solar energy developer with activities spanning the entire project cycle from development to operation, backed by patient capital and a long-term mindset. Projects include the Wilan Wind Farm located across 16,000 hectares of pastoral lands within the Southwest Renewable Energy Zone.
• Kilara Infrastructure Solutions Provides end-to-end services in industrial refrigeration solutions deployment, solar PV and energy storage, including design, construction, ownership and long-term operation of assets under the Energy and Refrigeration as a Service (ERAS) model. Targets clients invested in the cooling economy.
• Energy and Refrigeration as a Service (ERAS) A business model providing end-to-end services in industrial refrigeration solutions deployment, solar PV and energy storage, enabling clients to avoid upfront capital costs while receiving guaranteed low-cost power and refrigeration. Revenue model based on bespoke Power Purchase Agreements and long-term service contracts.

Quantifiable outcome

• Kilara Growth Fund fully deployed at A$40 million, closed June 2022
• +5 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and flagship.

• WoolworthscoreStrategic or Co-development Partner · 9 October 2025JET Charge partnering with Woolworths to install EV chargers for consumers and deliveries, expanding EV charging infrastructure across Woolworths' retail network.
• SerkocoreStrategic or Co-development Partner · 27 May 2025TEM's Blue Halo product received the TravelTech Breakthrough Award in partnership with Serko, where TEM Blue Halo contributed to Serko's Mission Zero winning B2B Travel Innovation of the Year.
• Entec (World's Leading Global Resin Distributor)coreChannel Partner/ Reseller/ Distributor · 12 May 2025Loliware signed an exclusive distribution partnership with Entec, the world's leading plastic resin distributor, to scale distribution of seaweed-based bioplastic materials globally.
• WilderlandscoreStrategic or Co-development Partner · 10 February 2025Tasman Environmental Markets (TEM) partnered with Wilderlands to build a biodiversity credit market, expanding TEM's environmental markets offerings.
• Salter BrothersflagshipStrategic or Co-development Partner · 1 January 2025Strategic joint venture to establish KSB Sustainable Investments, Australia's leading sustainable investment platform. Combines Salter Brothers' global expertise in alternative assets with Kilara's leading decarbonisation investment capabilities. The joint venture manages the KSB Transition Fund focused on decarbonisation of the real economy. Combined AUM of over $4.5 billion across 10+ funds with 150+ staff.
• Western Australian GovernmentcoreStrategic or Co-development Partner · 10 August 2022JET Charge awarded contract for Australia's longest EV highway in Western Australia, working with government stakeholders to deploy EV charging infrastructure.
• Horizon PowercoreStrategic or Co-development PartnerStephanie Unwin, CEO of Horizon Power, serves on the Kilara Growth Fund Investment Committee. Horizon Power is transforming Western Australia's regional energy landscape across 32 microgrids and 48,000+ connections.
• Cold LogiccoreImplementation/ SI/ Consulting PartnerCold Logic provides refrigeration system monitoring, control, full servicing and 24/7 call out capability for industrial refrigeration assets operated by Kilara Infrastructure Solutions under the Energy and Refrigeration as a Service model.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Salter Brothers: Kilara's joint venture partner in KSB Sustainable Investments and a Melbourne-based alternative asset manager. Operates across private equity, infrastructure, and credit strategies and provides the distribution platform that anchors Kilara's institutional outreach. Directly comparable on geography and overlapping mandate.
• Clean Energy Finance Corporation (CEFC): Australian government-backed financier that channels institutional capital into clean energy projects and cleantech companies. Directly comparable as an Australian-focused decarbonisation investor writing equity and quasi-equity into similar SME-to-mid-cap decarbonisation businesses.
• Generate Capital: US-based sustainable infrastructure owner-operator providing capital and asset management across distributed energy, storage, cooling, and efficiency for industrial customers. Closest analogue globally to Kilara's ERAS model and project development arm.
• Actis: Global emerging-markets-focused private equity and infrastructure investor with a flagship energy transition strategy. Compares directly on mandate (scaling decarbonisation businesses in supply chains) and on combining PE with project development for renewable infrastructure.
• Pegasus Capital Advisors: US private equity firm specialising in climate, sustainability, and decarbonisation investments across supply chains and clean technology. Closest mid-market PE peer for Kilara's energy transition thesis in commercialising pre-profit and profitable decarbonisation SMEs.
• Climate Fund Managers (CFM): Climate-focused private equity fund manager investing across renewable energy, sustainable infrastructure, and climate adaptation in emerging and developed markets. Strong analogue to Kilara's renewable energy infrastructure development and decarbonisation PE thesis.
• Impax Asset Management: Listed global investment manager focused on the energy transition and sustainable real assets via both public equity and private infrastructure strategies. Comparable on the integration of impact measurement methodology and dedicated climate mandates for institutional LPs.

Broad incumbents

• Brookfield Renewable: One of the world's largest renewable energy platform operators, owning and developing utility-scale wind, solar, and storage assets globally, including significant Australia operations. A scaled incumbent overlapping with Kilara Energy's project development mandate and providing the dominant competitive benchmark.
• Macquarie Asset Management (Green Investment Group): Australian-headquartered global asset manager with the Green Investment Group as a dedicated renewable infrastructure and energy transition platform. Overlaps with Kilara on renewables development, energy transition capital, and ANZ distribution — and represents the primary institutional incumbent competitor.

Regional players

• Qualitas Real Estate Income Partners: Australian alternative real assets manager with strategies across real estate and renewable energy infrastructure. Regional peer operating out of the same ANZ institutional capital pool with overlapping renewable infrastructure exposure, though with a broader real estate mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kilara-capital/?originalSubdomain=au

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments11 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kilara Capital