Australian green bank invests in MIRA

15 October 2019 - 12:00 am UTC

Australia’s green bank today announced it will pour AUD 100m into the infrastructure platform of Macquarie Infrastructure and Real Assets to make group’s assets more energy efficient.

The Clean Energy Finance Corporation (CEFC) will work with MIRA to lower the carbon footprint of an asset portfolio that spans airports, electricity transmission, ports, railways and water infrastructure, the CEFC said in a release.

In the statement, CEFC CEO Ian Learmonth noted that infrastructure-related emissions make up nearly half of Australia’s total greenhouse gas emissions.

“Investors and asset managers are more aware than ever that cutting emissions requires timely action across the economy, especially in a sector as substantial as infrastructure,” he said.

Installing solar PV and batteries in airports, offices, warehouses and at wireless communication infrastructure sites could help lower their emissions intensity. Possible energy efficiency measures include installing LED lighting, managing demand of heating and cooling machinery and rolling out electric vehicles at airports and transport depots.

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