Waratah Power was founded in 2009 with the goal of pursuing sustainable hydropower projects in Australia and Asia, thereby taking advantage of demand growth, attractive regulatory regimes, a diversity of available and proven hydropower technology, and investor appetite for sustainable infrastructure assets.

Waratah Power has been working with water asset managers, municipal governments, and industrial companies for the development of suitable and sustainable small hydropower assets.

In 2009 and 2010, this work comprised of early-stage projects in New South Wales in Australia; project preparatory work in Laos, and development of a sizeable portfolio in Indonesia.