La Trobe to purchase all renewable energy as it heads to Net Zero 2029

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La Trobe University willpurchase100 per cent renewable energy as part of its commitment to be Net Zero by 2029. The University has entered into a Power Purchasing Agreement (PPA) with global energy ...

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Iberdrola is aleading wind power producer and one of the largest electricity companies in the world. \nIberdrola Australia’sChairmanand CEO, Ross Rolfe, AO, said: “We are delighted to be supporting La Trobe University as they deliver their ambitious sustainabilityobjectives. Their long-term renewable energy supply agreement with Iberdrola Australia will help achieve their decarbonisationobjectivesand contribute to a brighter future for the Victorian environment and economy.It’sa fantastic commitment from a university with a long history of support industry and innovation in Victoria.” \nThe agreement,which wascoordinated by Energetics, followsa number ofsustainable initiatives implemented by La Trobe in the last year to support itsNet Zero2029target. \nLast Julythe Universitylaunchedthe inauguralgreen bond offering,a borrowing instrument issued to finance new and refinance existing eligible green assets. \nThe green bond issuance, valued at AUD $175 million, will be used exclusively to fund a diverse range of eligible eco-friendly projects and initiatives in areas such as renewable energy, green building, sustainable water and waste management and terrestrial and aquatic biodiversity conservation. \nThe University also announced it is creating thelargest urban solar farm in Victoria, with around 4,300 solar panels generating enough renewable energy to reduce total University emissions by 15 per cent and eliminate household emissions for the equivalent of the entire neighbouring suburb of Kingsbury. \nThe$10 million solar farmis funded by theUniversity’s Sustainable FinanceProgram,andis now under construction. \nLa Trobe’s four regional campuses in Bendigo, Albury-Wodonga, Shepparton and Mildura have already achieved Net Zero emissions status. \nOther work done to improve sustainability includes installing rooftop solar panels and switching to LED lights at all campuses, installing solar carports at the Bendigo and Albury-Wodonga campuses, implementing EV chargers, transitioning the fleet to EVs, and transitioning buildings from gas to electric. \nMedia enquiries: Charisse Ede –[email protected], 0404030698","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.27.0","shortVersion":"4.27.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429012928"}