Macquarie, Siemens form energy-as-a-service unit targeting U.S. corporate renewable market

first_imgMacquarie, Siemens form energy-as-a-service unit targeting U.S. corporate renewable market FacebookTwitterLinkedInEmailPrint分享Reuters:Units of Macquarie Group and Siemens AG are forming a venture named Calibrant Energy, that will invest in the emerging energy-as-a-service (EaaS) sector in the United States, according to a joint statement on Monday.Electricity generation is forecast to increasingly move away from traditional structures involving large fossil fuel-burning power plants, towards localized systems using renewable energy and battery storage, known as distributed energy.For entities embracing this model, they can choose to ‘outsource’ their power systems to a specialist entity, in the same way firms hire technology platforms rather than develop their own systems – so-called software-as-a-service (SaaS).Set up by Macquarie’s Green Investment Group, and Siemens’ Smart Infrastructure and Financial Services units, Calibrant Energy will build the energy infrastructure at no up-front cost and then manage it for customers including companies, municipalities and hospitals, the statement said.Calibrant aims to utilize Macquarie’s capital and Siemens’ technology, as it competes to grow in the space. According to a June forecast from consultancy Wood Mackenzie, around $110 billion of investment could be made in distributed energy in the period 2020-2025.Other professional investment firms are also seeking to tap into distributed energy. Last month, Blackstone Group launched its own platform. Carlyle Group and BlackRock Inc have such joint ventures with Schneider Electric and General Electric, respectively.[David French]More: Macquarie, Siemens units create U.S. distributed energy joint venturelast_img read more

Read More

This charming Kalinga Queenslander has hit the market

first_img19 Woombye St, KalingaExuding charm, this Queenslander at 19 Woombye St, Kalinga, includes character features such as wide timber floorboards, fretwork and VJ walls. The property sits on an 814sq m block close to the leafy Kalinga Park and Eagle Junction railway and shops precinct, and spans two levels with plenty of space for living and leisure.A traditional gable facade complete with a bay window and neutral colour palette sets the tone for the interior, reached via an external staircase to a north-facing veranda and formal foyer, and beyond, the main living hub. 19 Woombye St, KalingaThe property has leafy front gardens and a sweeping driveway to the double carport, while the rear yard includes a paved patio and covered terrace.Listing agent Wally Boydell described the residence as a beautiful piece of tranquillity. “You will be charmed by this beautiful Queenslander, positioned in a very quiet cul-de-sac with commanding neighbouring homes, on a landscaped block,” he said. 19 Woombye St, KalingaHere on the upper level, lounge and dining areas have a mixture of carpet and timber flooring, high ceilings and large casement windows that draw in natural light. The kitchen is nearby and has a gas cooktop, timber benchtops and ample white cabinetry. More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours agoThere is also access to a vast covered deck, ideal for outdoor dining and entertainment with its views of the green backyard and established gardens.Back inside, the main bedroom also sits on the upper level and is a true retreat with its bay window seat, large dressing area and walk-through wardrobe leading to the central bathroom. Completing the floor is a study or smaller bedroom.Two further bedrooms sit on the lower level, both containing built-in wardrobes and french doors to a covered patio. Nearby are a bathroom and laundry.center_img 19 Woombye St, Kalinga“The double-story home provides excellent family accommodation, with many entertaining options, including separate attractive living and dining rooms for entertaining and relaxation.“Sitting within the Eagle Junction State School precinct, a short walk to the EJ shops, cafes and railway station, this is your opportunity to acquire your perfect peace.”last_img read more

Read More