The latest investment is in the ‘Net Zero Power Fund’ that is managed by infrastructure manager Quinbrook Infrastructure Partners. The Fund’s investment portfolio includes utility scale solar farms and battery projects, sustainable data centres, and the “Supernode battery project and sustainable data centre campus”, located just north of Brisbane.

Chief Investment Officer Graeme Miller said this latest commitment aligns with TelstraSuper’s goal to invest at least one per cent of TelstraSuper’s investment portfolio in climate-change focused opportunities by 2025.  

“We are excited to be investing in infrastructure that may assist the energy transition of the global economy. As the adoption of AI accelerates, we expect so too will the need for sustainable data centres to support the flow of data throughout the globe,” said Mr Miller. 

This latest investment follows other climate-change related investments made by TelstraSuper earlier this year, including an investment in Hysata – a company that focuses on developing resource and cost efficient electrolysers for the production of green hydrogen.  

Mr Miller said that these types of investments are expected to drive attractive long-term outcomes for TelstraSuper’s members, both financially and by participating in the energy transition towards a net zero economy.

“We recognise that there are financial risks and opportunities associated with climate change, and these may have a real impact on members’ long-term investment returns,” said Mr Miller. “We are looking for these opportunities to allow our members to benefit from the transition to a lower carbon economy.” 

“As the technology evolves, so do the opportunities for investment,” said Mr Miller. “We are delighted to support projects that may have a real impact on addressing climate challenges, whilst also offering strong potential long-term returns.”

For further information please contact 
Corporate Affairs Manager Sarah Goodwin  0401 769 296 | [email protected] 

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