CEFC and Pro-Invest Group reach for the stars with first CEFC investment in the hotels sector

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The Holiday Inn Express at Southbank in Melbourne is being developed by the Pro-invest Group, one of the largest hotel investment platforms in Australasia.

In its first investment in the hotels sector, the CEFC is driving Pro-invest Group to achieve a 5-star energy rating for the project, under the National Australian Built Environment Rating System (NABERS).

As part of the CEFC finance, Pro-invest Group will lift the design standard for the project, ensuring the latest clean energy technologies are included from the construction stage.

CEFC CEO Ian Learmonth said: “These design changes will result in a 25 per cent drop in the hotel’s energy use, delivering a substantial energy saving that will provide ongoing benefits for the hotel, carbon-conscious guests and for the environment.”