Investing in renewables and the energy transition

As one of Australia’s leading super funds for those that help to build, maintain and shape Australia, we invest in projects and businesses that are in our members’ best financial interests, are important to our members and will make a difference in the real world.

Investing in renewable technologies and energy transmission and distribution assets is one way we can play an integral role in helping Australia meet its net zero emission targets, while also generating investment returns for our members

This is why we are continuing to work with our partners and governments at federal, state and local levels both on the funding and policy models that will attract greater investment into the energy transition.

What are some direct and impactful ways we can invest in renewables and the energy transition?

• Wind
• Solar
• Hydro
• Transmission
• Distribution
• Storage

How do we invest in renewables today?

Even though renewable technologies such as wind and solar have been around for quite some time, they are still regarded as relatively new assets to invest in. Traditional infrastructure assets such as airports and toll roads have been accessible to large investors like us for decades.

*As at 30 September 2024

Diversifying our renewable investment exposure

Whilst renewable generation and storage technology is quite mature, the location, roll-out and inter-play between traditional generation and renewables is still evolving at a relatively fast pace. Governments around the world will play a critical role in ensuring that legislation and policy settings continue to support the roll out of renewable infrastructure.

This is why we also believe it is important to diversify our portfolio exposure to the energy transition. The main ways are:

• Across a range of renewable technologies, including wind, solar, hydro and storage.
• Across different geographies such as Australia, North America and Europe.
• Across energy distribution and transmission assets, which have different value drivers to renewable generation.

We believe our approach ensures we are not relying on just one type of renewable technology to generate investment returns for our members. It also protects us from changes in government funding or policy settings from one country to another, which can vary over time as different governments attempt to fine tune their approach to the energy transition.

With a significant amount of global investment activity expected in the coming years, in areas such as wind, solar, battery storage and long-duration storage, this should also create more opportunities for investors like us to further diversify our exposure to renewables.