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The pension will work with the fund manager to deploy capital across the country with a long-term view.
The Canadian pension is looking to make more direct investments and find new investment partners in the Asia Pacific region.
Equipped with battery storage, the new facility will supply enough electricity to power a 40-hectare greenhouse.
Scale and predictable returns are key to increasing institutional investment into agriculture, LPs at Agri Investor’s Australia Forum said.
FIRB member Patrick Secker said Chinese investors account for a small part of Australian agri’s foreign investor universe.