icamfunds.com

INFRASTRUCTURE

Lucky Bay Port Project

Established in 2018, ICAM Duxton Port Infrastructure Trust (IDPIT) is situated at Lucky Bay, marking a significant shift from a Greenfields project to a fully operational infrastructure asset. It encompasses South Australia’s first export port facility in over 65 years, along with the associated operating entity, T-Ports. 

$191M

GROSS ASSET VALUE

As at 31 June 2023

         

5%

TARGET INCOME YIELD

(Average over 5 years subject to future port capacity)

15%

TARGET INTERNAL RATE OF RETURN

(Average over 5 years subject to future port capacity)

The ICAM Duxton Port Infrastructure Trust is an innovative shallow-water port infrastructure vehicle.

The investment includes the specialist bulk commodity exporting facility and incorporates a transhipment vessel, a transhipping terminal, on port and upcountry grain storage and handling facilities at Lucky Bay on the Eyre Peninsula in South Australia.

Investment Highlights
  • Innovates upon the traditional port model by bringing the ‘port to the product’
  • Utilises a state-of-the art, shallow draft transhipment vessel (TSV)
    Grain storage capacity in excess of 500,000 tonnes
  • Long-term yields with the potential for capital growth
  • Expansion opportunities through fertiliser imports and operation of future shallow-water ports
  • Long term incentive scheme with grain growers
Andrew Daniels
Chair

FCA , MAICD, BA (Acc)

Freddy Bartlett
Managing Director

FGLF14, GAICD, CIMA, GradCertAppFin, BA (PolSci, BusLaw)

James Forbes
Director

B.AppSc (ComEng)