Arcadis’ work on Moorebank Logistics Park helps Qube receive $150M in funding from Clean Energy Finance Corporation
Arcadis, the leading global Design & Consultancy firm for natural and built assets, today welcomed the Clean Energy Finance Corporation’s (CEFC) $150 million investment in Qube Holdings Limited’s development of the Moorebank Logistics Park.
Arcadis provided freight logistic and sustainability advisory services. The intermodal terminal is expected to cut freight truck emissions by more than 110,000 tCO₂e per year, the equivalent of burning 52,000 tonnes of coal.
Qube Holdings Limited is developing the Moorebank Logistics Park to take emissions-intensive trucks off Australian roads and increase the use of rail networks to distribute containerised freight to and from Port Botany. The project will also incorporate large-scale renewable energy sources.
John Nicholson, Project Director Australia Pacific, Arcadis: “We are very proud to have provided freight logistics and carbon abatement modelling to help our client Qube secure $150 million in funding.
“The Moorebank Logistics Park is a significant milestone in Australia’s emission reduction history. Replacing heavy road transport with freight rail will not only significantly reduce emissions but also reduce road congestion and make our streets safer to drive.
“Arcadis is in the business of Australia’s future cities, and projects like this help us shape a sustainable future by redefining what is possible when you approach old problems in new ways.”
Claire Hodgson, Sustainability Lead Australia Pacific, Arcadis: “This is an incredibly unique opportunity to reshape what sustainability can mean in the transport sector. The net greenhouse gas emissions produced by not building this facility are higher than building it, which is staggering considering the size of Moorebank Logistics Park.
“The modelling and analysis behind quantifying freight vehicle kilometres and GHG savings was incredibly complex. Modeling and understanding how freight is currently distributed across the southern Sydney region really highlighted how much more efficient rail transportation will be.
“Quantifying the energy use for the operation of Moorebank Logistics Park enabled us to identify a number of opportunities to further reduce GHG emission; most notably through the inclusion of onsite renewable energy.”
CEFC’s funds will be provided to Qube through a new 7-year bilateral term debt facility.
The financing provided by the CEFC will enable Qube to implement a number of sustainability initiatives. These initiatives will by 2030 when the Moorebank Logistics Park is at full capacity, have the potential to:
- Reduce the distance travelled by container trucks on Sydney’s road network by approximately 150,000 kilometres every day (56 million per annum saving 73,000 tCO2-e of emissions)
- Reduce the distance travelled by long distance interstate freight trucks by approximately 93,000 kilometres every day (34 million kilometres per annum saving 41,000 tCO2e emissions)
- Deliver net annual carbon emissions savings equivalent to: removing 11,000 vehicles off the road for a full year or burning 25,000 tonnes of coal
- Generate 65 million kwh/year from renewable energy sources installed on-site capable of powering over 10,000 homes
The Moorebank Logistics Park will be developed across 243 hectares in south-western Sydney, taking advantage of its location near the Southern Sydney Freight Line, M5 and M7 motorways and in an area of rapid population and economic growth.
It is expected to deliver significant job creation with the precinct employing as many as 6,800 people when operating at full capacity and over 1,300 jobs to be created during the construction phases.