Derek Cianfrance, who last directed the Ryan Gosling drama 'The Place Beyond the Pines', is helming the drama.
'The Light Between Oceans' is set on an island off the coast of Western Australia after World War I, according to the Hollywood Reporter.
A lighthouse keeper and his wife find a two-month-old girl and a dead body in a rowboat and decide to raise the baby as their own. But what seems like a blessing soon turns tragic, as morality and love are tested.
Fassbender can be seen as Magneto in 'X-Men: Days of Future Past', which is getting rave reviews.
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