15 Dec 2022

Infratil steps up investments in renewable energy

10:28 am on 15 December 2022
Solar panel

Photo: AFP / Photononstop

Infrastructure investor Infratil is stepping up its investments in renewable energy.

Infratil is investing alongside the Commonwealth Superannuation Corporation (CSC) in Mint Renewables, to be managed by Infratil's manager Morrison & Co.

Former Tilt Renewables chief executive Deion Campbell would take over as chair of the board.

The companies will invest A$300 million over the next three to five years, with Infratil's share being A$219m.

"Infratil's investment with CSC combines supportive long-term capital with significant local market knowledge and experience, built up during more than two decades of successful participation in the Australian energy sector," Campbell said.