Wattlestone and VisIR Launch InfraAg with Acquisition of Rocky Creek Aggregation

Wattlestone, in partnership with VisIR, has launched InfraAg, a dedicated agricultural land and energy infrastructure platform, with the acquisition of the Rocky Creek Aggregation in the New England region of New South Wales.

InfraAg is a partnership between Wattlestone and VisIR, with Joseph O’Brien chairing the platform.

Rocky Creek covers 4,246 hectares across 48 titles and is the foundation asset for the new platform. The property includes around 1,100 hectares of arable basalt country, 1,773 hectares of cleared grazing land and 1,372 hectares of standing timber. It has a carrying capacity of approximately 2,500 adult equivalents.

The aggregation is well watered. It has five creek systems and 48 dams, with bore reticulation across the holding.

Rocky Creek sits within the New England Renewable Energy Zone, and a 330 kV transmission line runs through the site, which gives the property options well beyond traditional agriculture.

InfraAg has been set up to acquire and manage agricultural land with energy transition and natural capital upside. Rocky Creek will keep operating as a grazing and cropping enterprise, leased to an established local operator. Meanwhile, InfraAg will develop solar and carbon opportunities on suitable parts of the property.

Wattlestone CEO, Alex Dignam, said:
“Rocky Creek is exactly the kind of asset we want to own for the long term. It’s productive country, well watered and its location in the REZ gives us multiple ways to build significant value over time whilst being supported by the underlying strong agriculture returns.”

InfraAg will use Rocky Creek as the base to build a large scale portfolio of agricultural land assets.

Learn more about InfraAg: infraag.com.au