Background
Cbus, a leading Australian superannuation fund, has made significant investments in the renewable energy sector. The fund has been actively involved in various projects and companies, aiming to reduce its carbon footprint and contribute to the country’s transition to a low-carbon economy.
The Acquisition
The company is committed to reducing greenhouse gas emissions and has set a goal of achieving net-zero emissions by 2050.
The Rise of Renewable Energy in Australia
The Australian renewable energy sector has experienced significant growth in recent years, driven by the increasing demand for clean energy and the government’s support for the sector. One of the key players in this sector is Potentia Energy, a company that has been operating in Australia since 2017.
A Brief History of Potentia Energy
Potentia Energy was previously known as Enel Green Power Australia, a subsidiary of the Italian energy company Enel.
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