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Green makeover for lifestyle villages and holiday parks to cut emissions and energy costs

Property developer Ingenia Communities is upgrading its portfolio of new and existing lifestyle villages and holiday parks with market-leading sustainability measures to lower carbon emissions and reduce electricity costs.
Location
National
Investment
Property
Category
Energy efficiency

Property developer Ingenia Communities is upgrading its portfolio of new and existing lifestyle villages and holiday parks with market-leading sustainability measures to lower carbon emissions and reduce electricity costs.

In a move that will position 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.

30%
reduction in carbon emissions
74
lifestyle villages, holiday parks
$75m
CEFC corporate loan

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.

The Group is also 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.

As our portfolio and business matures we want to be at the forefront of developing more sustainable communities, providing our residents with affordable homes, lower energy costs and liveable communities that will enhance their quality of life.
Simon Owen
CEO, Ingenia Communities Group

CEFC CEO Ian Learmonth said: “Cleaner, greener homes produce fewer emissions, and they also cost less to heat and cool. Through this investment we are extending the economic benefits of clean energy technologies to residents of affordable housing through lower energy bills.”

The CEFC has invested $75 million finance to encourage greater uptake of energy efficiency and renewable energy across the property sector. Buildings account for more than half of Australia’s electricity consumption1 and almost a quarter of national emissions.

 

1 Property Council of Australia, Every Building Counts October 2019

National, Property, Energy efficiency