Sustainable Australia Fund secures AUD200m commitment from Bank Australia
The Sustainable Australia Fund has secured an AUD200 million (US$135.62 million) commitment from the Bank of Australia.
The Fund was originally established by the City of Melbourne in 2002. Since then, it has financed a number of environmental upgrades for Victorian businesses, resulting in the abatement of over 300,000 tonnes of CO2 emissions as well as substantial cost savings to Victorian businesses through upgraded infrastructure.
The Sustainable Australia Fund is Australia’s leading provider of Environmental Upgrade Finance. Environmental Upgrade Finance provides simple, fixed-rate, long-term terms of up to 20 years for building upgrades. This is most often done through the installation of solar and batteries, waste and water solutions as well as more innovative and complex solutions such as waste to energy. This loan is then repaid through quarterly council rates.
Country updates
-
-
August 05, 2019
MUFJ completes takeover of Colonial First State Global Asset Management (CFSGAM)
Mitsubishi UFJ Trust and Banking Corporation (Trust Bank), a consolidated subsidiary of MUFG, today announced the completion of its acquisition of shares of nine subsidiaries of Colonial First State G...
Read more -
July 23, 2019
IFM Investors bid for Hobart Airport
IFM Investors have submitted a non-binding proposal for the acquisition of Macquarie Infrastructure and Real Assets' (MIRA) 50.1% stake in Tasmania's Hobart airport. IFM Investors has tapp...
Read more -
July 16, 2019
Queensland govt opens funding application with Hydrogen Industry Development Fund
The State Government of Queensland has opened the application for funding with the AUD15 million (US$10.48 million) Hydrogen Industry Development Fund to support sustainable and renewable hydroge...
Read more -
July 12, 2019
MinterEllison appoints two non-legal Partners, launches new Infrastructure Consulting arm
MinterEllison has appointed two new Partners from non-legal backgrounds as part of the firm’s continued investment in its consulting offerings – Donna Worthington (Risk and Regulatory) and...
Read more -
July 08, 2019
Privatization of Adelaide public transportation systems
The government of South Australia has announced its plans to privatize the operations of Adelaide's metro trains and trams. The Government will release tenders for the privatization process. In t...
Read more
