# New Hope Group

New Hope Group is a Private Equity based in Brisbane, Australia.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Brisbane, Australia
- **Region:** Asia
- **Address:** Brisbane, Queensland, Australia
- **Founded:** 1952
- **Assets under management:** Undisclosed
- **Website:** newhopegroup.com.au
- **LinkedIn:** https://www.linkedin.com/company/new-hope-coal

## Regulatory record

- **Reports private funds:** No

## About

New Hope Capital is a private equity firm based in Beijing, China. It focuses on venture capital investments. The firm has a team of five employees.

## Sectors

- Energy Transition & Renewables
- AgriTech & FoodTech
- Infrastructure

## Questions

### Who controls New Hope Group's investment and operational decisions?

The firm operates under a Board and Executive Leadership Team that oversees strategy, project management, governance, and finance. Specific named principals are not publicly disclosed on the firm's website. The parent entity, New Hope Corporation Limited, has been listed on the Australian Securities Exchange since 2003, meaning ultimate governance sits with the board and public shareholders.

### What is the relationship between the coal mines and the agricultural operations?

The agricultural enterprises — Bengalla Agricultural Company and Acland Pastoral Company — operate on land adjacent to the Bengalla and New Acland mines, respectively. They run cattle grazing and cropping operations. The firm describes agriculture as complementary to its core coal business, deepening community ties and enhancing land management on mine-adjacent acreage.

### Is New Hope Group transitioning away from thermal coal?

The firm's publicly stated strategy focuses on responsibly operating its existing long-life thermal coal assets rather than diversifying away from coal. Its recent Stage 3 approval for New Acland extends production at that mine by 12–15 years. No renewable energy or decarbonization pivot has been announced.

### What other investments does New Hope Group hold beyond its core mines?

Beyond Bengalla and New Acland, the group holds an investment in Malabar Resources and exploration areas near the Bengalla Mine. These are disclosed on the firm's website without further detail on the size or nature of the stakes.

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Last updated: 2026-06-03T20:00:00.000Z

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