Specialist financier Clean Energy Finance Corporation ( IFM Australian Infrastructure Fund ) is investing $150 m in the $12bn, IFM Australian Infrastructure Fund to help reduce emissions at Brisbane and Melbourne airports, as well as Ausgrid in Sydney , the port of Melbourne and Port Botany . It estimates that a 5% improvement in emissions from those assets would abate almost 69,000 tonnes of CO2 equivalent annually, equivalent to removing 14,775 cars from the road each year, or providing electricity to roughly 7,450 homes a year. 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.
Specialist financier Clean Energy Finance Corporation ( IFM Australian Infrastructure Fund ) is investing $150 m in the $12bn, IFM Australian Infrastructure Fund to help reduce emissions at Brisbane and Melbourne airports, as well as Ausgrid in Sydney , the port of Melbourne and Port Botany . 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.