FEAT. Initiative ‘The Year That Was’
PRAISE FOR FEAT. Initiative
In June this year FEAT (Future Energy artists) launched as a company for artists to invest in solar farms and accelerate the solution to the climate crisis. In a short space of time, FEAT has galvanised the Australian music industry, broken out into new fields and just earlier today, taken out the inaugural ‘You Done Good‘ J Award.
Construction is now well progressed at the the first solar farm which is being built with investment from with a bevy of high profile artists including Vance Joy, Peking Duk and The Rubens.
Recent artist sign ons include Courtney Barnett, Matt Corby, Julia Stone, Woodes, Montaigne, Didirri, Lanks,Ziggy Alberts, Winston Surfshirt, Great Gable, Mansionair, Vallis Alps, Willaris K, Safia and many more.
160 construction workers at Brigalow Solar Farm – a 65 hectare farm 50km from Toowoomba QLD – have installed the solar panels and are in the process of connecting the electrics. Once operational, the site will generate more than 65-thousand megawatt hours capacity — enough electricity to power 11,300 homes for each of the next 30 years, or power the equivalent of 2,149 national band tours*.
FEAT opened up to other industries and the general public in September, due to an influx of interest and has now seen more than $5 million invested into renewables assets. Some of the high profile recruits from the sporting world include Australian Wallabies rugby players David Pocock, Dane Haylett-Petty and Bernard Foley.
FEAT also has an investment app in development called Array which is being built in collaboration with fund partner Future Super, Australia’s most renewables-focussed superannuation fund. Currently in beta testing with more than 500 users, the Array app will make it easy for artists to manage their invested funds, track the returns, and enable easy sign up for the general public when it launches in 2020.
*Based on carbon emissions calculations conducted by Arete Sustainability of a 16-date national tour of Australia by the band Cloud Control.
IMPORTANT LEGAL DISCLAIMER:
Published by FEAT. Initiative Pty Ltd (ABN 42 618 416 783), which is a Corporate Authorised Representative of Future Super Asset Management Limited (ABN 81 002 558 956, AFSL No. 238184). Information provided is of a general nature only. We recommend you seek professional financial advice when considering if financial products mentioned on this website are appropriate to your own objectives or financial needs.
Keep in touch