Daniel Kemp
AustralianSuper scuppered Brookfield and EIG’s bid, putting the spotlight on who’s best placed to decarbonise the firm.
As ‘free money’ dries up, higher interest rates are reshaping critical dynamics of the renewable energy market, Zak Bentley and Daniel Kemp find.
With a vote set for early 2024, Macquarie will have a five-year window to sell the fund’s assets, should it be approved.
CIO Ian Patrick said funds running a hybrid model with minimal investment internalisation ‘don’t have quite the same need for a global footprint’ as others pursuing direct investments.
Climate change ‘is a source of risk’ for superfunds, ASFA says in a new report, and renewables investments could help to mitigate this.
In addition to its 4GW pipeline, the platform could take advantage of future consolidation in Australia’s renewables sector.
The commitment will give Rest exposure to Quinbrook-managed assets including the Supernode green data centre and will help it meet its net-zero fund targets.
Data centre platform DigitalEdge has secured a landmark green loan as it builds out a large project in Seoul.
Macquarie will seed a new core renewable energy fund with some of its $2bn portfolio of assets, as exits slow.
Stonepeak’s investment will be deployed across AGP’s existing business – such as energy transition, data centres and community housing – as well as into several new business lines.