The Clean Energy Finance Corporation has congratulated Avertas Energy on the official commencement of construction of Australia’s first thermal energy-from-waste facility at Kwinana, which is benefiting from CEFC finance.
In an Australian-first, the CEFC and Cbus Property are targeting industry leading energy efficiency standards in a mixed-use building development, ensuring Melbourne’s distinctive Collins Arch building becomes a landmark in urban sustainability.
The CEFC has welcomed publication of the independent statutory review of the Clean Energy Finance Corporation Act. The review found that the CEFC has facilitated the flows of finance into the clean energy sector, with CEFC’s investments successfully enabling projects that would not have otherwise proceeded, attracting substantial private co-investment to projects.
The CEFC has confirmed its largest equity investment in renewables, expanding its renewables equity portfolio by $100 million in a bid to encourage institutional investors to increase their exposure to renewables.