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APG Commits A$1 Billion to Australian Clean Infrastructure

Dutch pension fund APG has committed A$1 billion to Octopus Australia, supporting large-scale renewable energy and battery storage projects. The capital will help deliver the 300 MW Blind Creek solar plant and a 1 GWh grid-scale battery in Brisbane. APG’s Asia-Pacific infrastructure head called the platform a “unique opportunity” to deliver long-term value while accelerating Australia’s clean energy transition.

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