australian firms investing big in the uk and europe

Euronews reported in November 2023 that IFM Investors, owned by a collection of 17 Australian pension funds such as Hesta, Vision Super and CareSuper among others, have pledged $12.6 billion (€11.51 billion) for UK energy and infrastructure projects in a deal that is likely to cover projects until 2027.

Australian Superannuation fund Aware Super has also that it will be allocating $6.6 billion to its London office, primarily towards infrastructure, real estate and private equity projects. This is in addition to the $17 billion the company has already put into the UK and EU.

Green Investments, which Macquarie acquired in 2017 and which started out as the UK's Green Investment Bank in 2012, has committed or arranged more than £26 billion ($32.4 billion; €30.4 billion) in green energy projects, primarily in OECD countries.
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We expect this surge of investment into Green infrastructure projects incorporating clean energy, hydrogen, energy and technology to continue.

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Why are Australian firms investing billions in Europe?