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Real Utilities, Frasers Property’s energy infrastructure subsidiary, has surpassed the 2,000 customer mark, indicating an inclination amongst consumers to reach carbon neutrality.
Frasers Property Australia’s Burwood Brickworks (NH Architecture, Russell & George) and Midtown MacPark (Bates Smart) developments are set to be among the first communities in the country to be powered entirely by renewable energy, via the developer’s energy arm Real Utilities.
Former General Manager of Real Utilities Paolo Bevilacqua will move to the company’s parent entity, Frasers Property Australia as the developer’s inaugural Group Head of Sustainability.
Amidst rising oil prices globally and Australia’s energy crisis that’s seeing spikes in both cost and supply issues, this Australian company is using a unique energy retailing model to deliver cheaper and greener electricity to homes, retail businesses and industries.
Paolo also currently leads Frasers Property Global Sustainability Working Group, overseeing sustainability strategy for the Group’s business units in Asia, Australia, Europe, the Middle East and Africa.