Environmental Upgrade Agreement for Central Park
From a Frasers Property Australia press release dated 20 March, 2013 Developers Frasers Property and Sekisui House deliver green infrastructure via innovative new funding model An historic financial agreement was signed this week, providing funding for green energy infrastructure at Central Park, a $2 billion mixed-use development by Frasers Property and Sekisui House. The $26.5 million Environmental Upgrade Agreement (EUA) provides long-term low-cost finance for environmental infrastructure. Central Park’s EUA is only the second such agreement to be signed in NSW and is the City of Sydney’s first EUA. The EUA was signed by the City of Sydney, landowner Frasers Property, and Eur
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