Octopus Australia has signed a landmark partnership with APG Asset Management to commit more than A$1 billion (approximately $650 million) to Octopus Australia’s flagship renewable-energy platform, OASIS. APG is one of the world’s largest pension fund investors with more than A$1 trillion (approximately $650 billion) assets under management.
Representing one of the most significant institutional engagements in Australia’s clean energy transition to date, the partnership will help accelerate Octopus Australia’s growing platform and pipeline of utility-scale solar, wind and battery storage projects.
“This partnership marks a transformational moment for both our business and the broader Australian energy landscape,” said Sam Reynolds, CEO of Octopus Australia. “To be chosen as the local partner by a global investor of APG’s caliber is a powerful endorsement of our strategy and team and is a reflection of Australia’s position as a leading destination for
