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CEFC reports $1.5 billion in new commitments for FY2019

RACHEL ALEMBAKIS  |  FRIDAY, 2 AUG 2019  |  NEWS
... partners to support projects valued from $10,000 to $5 million. Through the Clean Energy Innovation Fund, the CEFC made with total investment commitments of $69 million at 30 June 2019. During the 2019 financial year, the CEFC received a record $320 ...

CEFC provides $120 million finance for Curtin University development

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUL 2019  |  NEWS
... their students to use as a springboard towards a net zero emissions future," said Victoria Adams, CEFC transaction lead. Total CEFC investments in WA now stand at $375 million, including financing for the Avertas energy-from-waste facility in Perth ...

Responsible investment a fundamental practice in NZ: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUL 2019  |  NEWS
Responsible investment is a "fundamental practice" in New Zealand, accounting for more than 70% of total assets under management (AUM), according to the latest Benchmark Report issued by the Responsible Investment Association of Australasia (RIAA). ...

RI market nears $1 trillion, increased focus on lifting leading practice: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUL 2019  |  NEWS
... is an increase from 24 in 2017, the report noted. The report noted that the 34 investment managers represent 28% of the total, which "suggests that many Australian investment managers are yet to provide evidence of a detailed and systematic approach ...

Christian Super acquires stake in responsAbility Investments

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUN 2019  |  NEWS
... its support for the growth of the mpact investing sector, both firms said. responsAbility has 10 offices worldwide, and total revenue of portfolio companies is more than US$18 billion. responsAbility has expanded its investor base for its range of 15 ...

Pengana WHEB Sustainable Investing Impact Report identifies positives

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
... social or environmental impact. The fund has had one month returns of 1.32%, compared to its benchmark of the MSCI World Total Return Index return of 8.89%. Since inception, the fund has returned 5.5%, -0.15% below the benchmark. As part of the impact ...

CEFC takes $51m stake in Victoria's Kiamal Solar Farm

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
... located near Ouyen in north-west Victoria and is the first Australian project to be delivered by international developer Total Eren. Total Eren will include a 190MVAr synchronous condenser as part of the Kiamal generating system, facilitating a timely ...

Insight Investment applies traffic light analysis to green, impact bonds

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
... that estimates suggest that achieving the United Nation's Sustainable Development Goals will require US$5trn to US$7trn of total investment by 2030. Impact bonds are widely expected to be instrumental in reaching this target. But there is a pressing ...

Impact Investment Partners on Indigenous Infrastructure Investment Fund

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
... Investment Partners will seek investors from the Indigenous community as well as wider investors. "We're seeking to raise that total of $500 million from Indigenous investors and ESG-conscious, socially minded investors. We have had some interest from ...

Climate risk necessitates short and long term stress testing: Mercer

RACHEL ALEMBAKIS  |  FRIDAY, 12 APR 2019  |  NEWS
... peaking at losing 95.1% in 2050 under a 2 degree scenario, while electric utilities stand to lose 4.1% per year rising to a total loss of value of 6 65.7% to 2050. One thematic that provides a potentially positive scenario is sustainable infrastructure ...