The 123 Queen Street agreement, signed between the City of Melbourne, National Australia Bank, Low Carbon Australia Limited and the building owner is the first privately funded environmental upgrade agreement through the 1200 Buildings Program.

The $1.3 million retrofit of 123 Queen Street will include the installation of a trigeneration system to generate electricity, heating and cooling, as well as occupancy sensors and double glazing.

The Kings Technology Park (KTP) agreement, signed between the City of Melbourne, Sustainable Melbourne Fund and the building owner, will provide funding towards a $3.2 ...