Herbert Smith Freehills Kramer has advised the Clean Energy Finance Corporation (CEFC) on its A$70 million sustainable investment into the QIC Global Infrastructure Fund II (QGIF II) to help drive decarbonisation of the energy and transport sectors.
The CEFC’s investment in QGIF II will focus on infrastructure supporting the energy transition, including smart metering, decarbonisation of transport and renewable generation. QGIF II will embed binding sustainability standards across the portfolio, lift decarbonisation standards to target scope 3 emissions, and work with suppliers and providers to drive down emissions across asset value chains.
The CEFC”s investment in QGIF II follows from its earlier $72 million investment in the QIC Global Infrastructure Fund (QGIF I), which has committed to targeting net zero scopes 1 and 2 emissions by 2040 across its portfolio. Herbert Smith Freehills Kramer also advised the CEFC on its earlier QGIF I investment.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
