AustralianSuper welcomed the shareholder vote against the Brookfield and EIG-backed consortium's takeover scheme for Origin Energy.
The pension fund, which holds over a 17% stake in the energy company, believes in the strategic value of Origin's assets for members to benefit from the energy transition.
The buyout by Brookfield and EIG fell short of the required 75% acceptance, with only 68.92% of votes in favour after the final proxy tally.
AustralianSuper is open to providing capital to assist Origin in its transition over the coming decades.