Marking a new era in emerging energy solutions, the PLUS ES brand was launched in late 2017. It represents a partnership between NSW Government and a consortium made up of IFM Investors and AustralianSuper. IFM Investors and AustralianSuper hold a combined 50.4% interest in PLUS ES.

IFM Investors

IFM Investors is an Australian-owned and headquartered, global fund manager with approximately A$86 billion under management across infrastructure, listed equities, private capital and debt investments. Owned by 28 Australian not-for-profit pension funds, IFM Investors has offices in Sydney, Melbourne, London, New York, Tokyo, Hong Kong and Berlin. The firm employs more than 320 staff and invests on behalf of the retirement interests of millions of working Australians.

IFM Investors is one of the world’s largest owners and managers of nationally critical infrastructure assets. IFM Investors manages over A$53.3 billion of direct infrastructure investments and manages two open-ended (evergreen) infrastructure funds, the IFM Australian Infrastructure Fund and the IFM Global Infrastructure Fund, as well as funds on behalf of clients. IFM Investors has significant interests in 30 assets in Australia, North America and Europe across a range of infrastructure sectors including energy utilities, airports, seaports, toll roads and electricity generation.

Key investments in Australia include: Ausgrid (25.2%), Port Botany and Port Kembla (35%), InterLink Roads (M5) (15%) and Eastern Distributor (M1) (14%), Melbourne Airport (24%), Brisbane Airport (19%), Port of Brisbane (27%) and Southern Cross Station (100%).

IFM Investors also has significant experience in the regulated and energy infrastructure sector gained through its investments in 50Hertz Transmission (40%, Germany), Veolia Energia Polska (40%, Poland) and Anglian Water Group (20%, UK).


AustralianSuper is a profit for member organisation and manages more than A$142 billion of members’ assets on behalf of more than 2.3 million members from across 285k businesses. One in ten working Australians is a member of AustralianSuper, the nation’s largest industry superannuation fund. AustralianSuper has been investing in productive infrastructure businesses and assets for over 20 years with a current infrastructure portfolio in excess of A$15 billion. AustralianSuper is one of Australia’s largest and most experienced infrastructure investors with holdings in many significant Australian assets, including direct shareholdings in Port Botany and Port Kembla (20%), Transurban Queensland (25%) and Perth Airport (10%).