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.
The CEFC and specialist infrastructure investor Westbourne Capital have committed $160 million in finance to develop Stage II of South Australia’s Lincoln Gap Wind Farm.
Australian fleet buyers have signalled a switch to electric vehicles (EVs) in the next two years, on the back of a unique EV Drive Day convened by the CEFC.
The CEFC set new records in the number and value of investment commitments in 2017-18, delivering a heightened focus on some of the nation’s toughest emissions challenges through our support for innovative projects, technologies and investment partnerships across Australia.
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