Ares Core Infrastructure Fund Announces NAV

The Ares Core Infrastructure Fund disclosed its financial performance and updates for the fourth quarter of 2024. The fund, which commenced operations on August 28, 2024, reported a net asset value (NAV) of $25.41 per share as of November 30, 2024. This equates to an aggregate NAV of approximately $158.2 million, underlining a solid start to its infrastructure-focused investment activities.

The portfolio valuation stood at $336.4 million, emphasizing the fund’s strategic focus on renewable energy assets. The portfolio is diversified across a 2.6-gigawatt array of operational projects in major U.S. energy markets, including ERCOT, MISO, PJM, and SPP regions. The asset mix consists of 53% solar, 25% wind, and 22% co-located battery storage capacity, illustrating a balanced approach to sustainability and technological innovation.

Ares Core Infrastructure Fund declared a distribution of $0.9221 per share for the period ending December 31, 2024. The dividend reflects its commitment to delivering value to shareholders, either through cash payments or reinvestment in shares for participants in the fund’s distribution reinvestment plan. Payments will be made on or about January 23, 2025, to shareholders of record as of December 31, 2024.

The fund’s performance underscores its mission to align financial returns with global energy transition goals. With its significant investment in clean energy, Ares aims to leverage growth opportunities while contributing to carbon reduction targets.