Pro-invest’s Melbourne Southbank hotel listed as Finalist for Excellence in Sustainability Award

The Urban Developer Awards Finalist

On the 23rd of October, the Urban Developer’s awards black tie gala event took place, announcing sector leaders across a host of categories. Under the category of Excellence in Sustainability, Pro-invest’s Holiday Inn Express Melbourne Southbank positioned as a finalist for its leadership in ‘green’ design. Pro-invest, together with the guidance of Clean Energy Finance Corporation (CEFC) – a specialist clean energy financier, investing with commercial rigour to increase the flow of finance into renewable energy, energy efficiency and low emissions technologies – will incorporate a range of initiatives into the Melbourne-based hotel, boosting the initial targeted 4.5-Star NABERS Energy rating to 5-Stars.

The involvement of CEFC marks the institution’s first investment in the hotel sector. Together with CEFC’s guidance and term debt finance facility, a range of initiatives have been incorporated into the Southbank project to improve the NABERS Rating outcome to 5-stars, with the 0.5-star uplift anticipated to translate into a 25% drop in the hotel’s energy use, delivering substantial energy savings while providing ongoing benefits for the hotel, its carbon-conscious guests and the environment. This investment will help set a benchmark within the sector as CEFC works with Pro-invest to promote the insights and energy efficiency learningsgained.