CEFC makes two investments totalling $230 million

The Clean Energy Finance Corporation (CEFC) has announced two investments totalling $230 million, one towards net-zero carbon emission office buildings, the other to build energy-efficient social and affordable housing.

The CEFC will invest $100 million in the AMP Capital Wholesale Office Fund (AWOF), which “is aiming to deliver a property portfolio of next zero carbon emission buildings by 2030,” the CEFC said. The fund has assets under management worth $4.7 billion, and the centrepiece is the redevelopment of the existing 50 Bridge Street property in Sydney, as well as Quay Quarter Tower and the wider Quay Quarter Sydney precinct incorporating the neighbouring Loftus and Young Streets mixed use development. AWOF’s portfolio includes 200 George Street, Sydney and Melbourne’s Collins Place and 700 Bourke Street. The 700 Bourke Street property is only the fourth in Australia to achieve the 6 Green Star performance rating from the Green Building Council of Australia, CEFC noted. 

 

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Rachel Alembakis

Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.
Rachel Alembakis

Author: Rachel Alembakis

Rachel Alembakis has published The Sustainability Report since 2011. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.

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