Tharshini Ashokan
The pension fund saw its infra commitments reach almost 5% of its total investment portfolio by the end of 2021, including investments in 15 new funds globally.
With the acquisition of Australian battery energy storage developer Akaysha Energy, the firm intends to build out a 1GW portfolio of projects in the country’s National Electricity Market.
The country’s ‘minimal supply and fast-growing demand’ makes it ideal target for Seraya’s APAC data-centre platform, says managing partner James Chern.
The firm plans to leverage its expertise building logistics centres across the APAC region for its new digital infrastructure fund.
While the sector is becoming more attractive, accelerating the country’s energy transition will still require greater levels of ambition.
With the telco towers deal likely to be the last of its kind across Australia and New Zealand, fibre opportunities in the region could be targeted next, InfraRed Capital Partners’ Sven Stubiçan says.
Managing director Peter Johnston says the first close was backed by traditional real estate investors looking for an alternative to residential property.
The real estate-focused firm, which recently launched FLOW Digital Infrastructure, has added PAG Renewables to its infra mix.
The NZ-based manager has led a consortium to acquire FiberLight, with head of North America Perry Offutt telling us its perpetual capital should help grow the business faster.
Co-founder David Scaysbrook walks us through the project, which includes one of the largest batteries in the Australian National Electricity Market.