Clean Energy Finance Corporation invests $75 million into greening lifestyle villages and holiday parks
Pilot scheme to demonstrate how energy efficiency and renewable energy technologies can reduce costs for residents and owners and encourage greater uptake across the industry.
A $75 million CEFC investment in affordable accommodation for lifestyle and holiday communities will spur market-leading sustainability measures across new and existing properties, helping lower carbon emissions and reduce electricity costs.
The CEFC investment, on behalf of the Australian Government, positions Ingenia Communities as an emerging sustainability leader in its sector, the Group has committed to reducing its carbon emissions by 30 per cent in the next five years as it targets a carbon neutral operation by 2035.
Ingenia Communities will pilot the Green Building Council of Australia’s Green Star Homes Standard across 30 new homes, providing healthy, resilient and energy efficient living options for senior Australians. The new standard will assess Australian homes against a series of sustainability measures, including carbon footprint, how they are powered, energy and water efficiency, ventilation, comfort and climate change resilience.
Ingenia Communities is investigating a range of sustainability measures including rooftop solar on existing homes and clubhouses, replacing low-efficiency lighting, hot water systems, and air conditioners with modern efficient models and exploring energy supply agreements that deliver clean energy to residents and common areas.
Ingenia Communities' focus on energy efficiency will extend across its portfolio of communities across New South Wales, Victoria, Western Australia and Queensland. A development pipeline of more than 3000 potential homes, provides an opportunity to innovate in terms of sustainable community and home design.