CEFC invests $150 million in IFM infrastructure fund

CEFC/

12 April 2018
| By Nicholas Grove |
image
image image
expand image

The Clean Energy Finance Corporation (CEFC) has said it will invest $150 million in IFM Investors’ managed IFM Australian Infrastructure Fund, marking its first such investment in Australia’s diversified infrastructure sector.

The fund would target emissions reduction and energy initiatives across assets including Ausgrid, Brisbane Airport, Melbourne Airport, Sydney’s Port Botany and the Port of Brisbane.

CEFC infrastructure lead Julia Hinwood said the initiatives may include installing on-site solar and battery storage solutions, and conversions to electric vehicles.

“They are also likely to involve using smart management systems which monitor and assist with reducing energy consumption and optimising logistics and supply chains,” she said.

CEFC CEO Ian Learmonth said his organisation would work with IFM Investors to target comprehensive and sustained improvements to the carbon footprints of some of Australia’s most important infrastructure assets.

“We will also work with IFM Investors to enhance benchmarks and transparency around infrastructure emissions, so that we can deliver a step change in the emissions profile of our national infrastructure,” he said.

IFM Investors iss owned by 27 of Australia’s industry super funds, invests on behalf of six million Australian workers and approximately 15 million pension fund members globally.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

3 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

3 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

4 months ago

Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings ...

2 weeks 4 days ago

ASIC has released the results of the latest financial adviser exam, held in November 2025....

3 days 17 hours ago

Ahead of the 1 January 2026 education deadline for advisers, ASIC has issued its ‘final warning’ to the industry, reporting that more than 2,300 relevant providers could ...

1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo