The agricultural platform of Macquarie Infrastructure and Real Assets (MIRA) is targeting major clean energy benefits in Australian agriculture, working alongside the CEFC and the CSIRO.
MIRA has acquired its first row cropping asset, The Grange at Dongara south of Geraldton in Western Australia, and is now deploying energy efficiency measures and precision agriculture practices across the 16,500-hectare property.
The CEFC investment in the platform will contribute to sustainable on-farm asset management practices, with MIRA investing in farms across multiple climatic zones, production regions and end markets.
A technology-driven whole-of-farm approach, incorporating the full range of precision agriculture and other sustainable farm management practices, will deliver increased productivity with improved energy efficiency.
MIRA will manage large-scale row cropping assets, such as wheat and other grains, and permanent crops including avocados, targeting improved on-farm energy efficiency and reduced carbon emissions
The key objective is to achieve reduced energy intensity on a per unit of production basis and to deliver improved financial and environmental efficiency.
A key feature of the CEFC $100 million investment is the establishment of a specialist Energy, Emissions and Efficiency Advisory Committee – 3EAC – drawing on the skills of the CSIRO, MIRA and CEFC.
3EAC will support new on-farm standards in energy efficiency and emissions reduction. It will also develop clean energy models targeted for broader use in the farming sector.
Read our CEFC Investment Insights on how the CEFC, MIRA and the CSIRO are working together to deliver clean energy and energy efficiency benefits to large-scale dryland cropping.