Cbus Tremendous has entered a partnership with Brookfield Asset Administration to put money into expertise and innovation regarding the constructed atmosphere.
CIO Kristian Fok mentioned: “The marketplace for rising expertise servicing the constructed atmosphere is rising quickly and can speed up post-COVID, primarily throughout actual property and building, transport and logistics, and healthcare.
“The disruption attributable to COVID-19 has quickly modified the best way companies function, with elevated reliance on expertise and modern enterprise fashions as extra individuals do business from home.”
He added that Brookfield’s progress expertise initiative would “put money into digital transformation of the constructed atmosphere – linking expertise, innovation and disruption”.
He mentioned: “The technique additionally helps the broader constructing and building trade. This vital funding has a number of advantages, together with alternative to leverage constructed atmosphere innovation into Cbus’ property.”
The Australian superannuation fund has additionally teamed up with two co-investors and US-based Capital Dynamics to buy two solar-energy tasks from US firm LS Energy.
“This can be a vital funding for Cbus, offering our members with robust risk-adjusted returns, underpinned by long-term energy buy agreements with funding grade counterparty,” Fok mentioned.
“There may be additionally alternative to optimise the property alongside the deep expertise of the Capital Dynamics administration workforce.”
