APG to Invest $640 Million to Grow Octopus’ Australian Renewables Platform

Renewable energy fund manager Octopus Australia announced a significant new partnership with Dutch pension asset manager APG Asset Management (APG), in which the pension fund investor will commit over A$1 billion (US$640 million) to Octopus Australia’s flagship renewable energy platform OASIS.

The deal will accelerate the growth of Octopus Australia’s platform and its pipeline of utility-scale solar, wind, and battery storage projects – representing one of the most substantial institutional engagements in Australia’s clean energy transition thus far.

APG said that it selected Octopus Australia fo…

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