20 JUL 2023

RELA and Elders form strategic alliance to increase landowner access to renewable energy initiatives

Elders, a leader in rural real estate and the most trusted agribusiness brand in rural Australia has announced it has entered into a strategic alliance with RELA, an Australian company helping landowners to successfully unlock the value of their land through large scale renewable energy projects.

The alliance has Elders NSW Real Estate Manager, Richard Gemmell excited. 

“RELA is bringing its expertise and networks to help regional landowners navigate the barriers to achieving their objectives through renewable energy opportunities," Mr Gemmell said.

"At Elders, we have always put landowners’ interests as our top priority, and the collaboration with RELA allows us to help our clients in new and important ways.

“RELA has successfully transacted with some of the country's largest corporate farmers and agri businesses, as well as many smaller family run farming operations, bringing value and benefit to all landowners. Particularly at a time when many landowners are seeking access to capital, RELA’s model of allowing landowners to obtain a large upfront payment by bringing forward their renewable energy lease payments, is a game changer. Combined with our regional network we are working together to create better outcomes for all of our landowners.”

RELA Director, Eran Rimmer said that the strategic partnership was a no-brainer for RELA.

“Elders is a company known for prioritising the best interest of landowners, and this approach directly aligns with RELA’s core values," Mr Rimmer said.

"Our lease prepayment provides landowners with the capital required to remove risk, and secure and build a future on their own terms, at a time of economic uncertainty."

Mike Clifton, from Elders Rural Real Estate division, is seeing immediate benefit and opportunities for clients.

“Many of our clients have renewable energy opportunities on their land. Through our alliance with RELA we are able to provide these landowners with the expertise and support they need to succeed in these opportunities," Mr Clifton said.

RELA Director, Michael Katz is also enthused by the opportunity to bring RELA’s value to more people.

“RELA is here to help landowners throughout their entire renewable energy journey," Mr Katz said.

"From representing landowners in achieving fair and equitable renewable energy leases with reputable developers, to offering a lease prepayment, we are changing the game in how landowners can benefit from the renewable energy transition. We believe deeply in the value of bringing landowners to a seat at the table in this transition, and this is amplified by our engagement with Elders. Their focus on quality and relationships is the reason they’ve been a force in the Australian market for over a century. With Elders bringing its network of landowner relationships and RELA bringing renewable expertise, it’s a win-win for everyone.

"We are very much looking forward to what the future holds and we are excited that both Elders and RELA have found a way to deliver further value and benefit to landowners across the country.”