Specialist financier Clean Energy Finance Corporation (CEFC) is investing $150m in the $12bn, IFM Australian Infrastructure Fund to help reduce emissions at Brisbane and Melbourne airports, as well as Port Botany in Sydney, the port of Brisbane and Ausgrid. The fund will invest $200m over four years on projects including a new rail line between Sydney and Brisbane, an airport runway upgrade for Melbourne, a desalination plant near Cairns, and a solar farm off the Sunshine
Specialist financier Clean Energy Finance Corporation (CEFC) is investing $150m in the $12bn, IFM Australian Infrastructure Fund to help reduce emissions at Brisbane and Melbourne airports, as well as Port Botany in Sydney, the port of Brisbane and Ausgrid. It is CEFC's first foray into an infrastructure fund, which hopes to see a 5% reduction in greenhouse gases, equivalent to 69,000 tonnes of CO2 per year.