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Annual Report 2026

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Driving Australia’s
decarbonisation
journey

Annual Report
2025-26

A pivotal year
for the CEFC

In a landmark year for the clean energy sector, CEFC investments and expertise have played an important role in driving momentum and lowering emissions.

Our Annual Report 2025-26 paints a picture of investments that are diverse in both their scale and impact. The CEFC is backing innovative technologies, from robotic farm equipment to solar‑powered truck refrigeration. We are investing in utility-scale renewables, First Nations-led projects and small-scale asset finance for businesses and farmers. Through Rewiring the Nation Fund, we are also investing in the build-out of Australia’s modern electricity grid to deliver more affordable, cleaner and more secure energy for our nation.

Investment highlights

2025-26

$19.6b
Total transaction value
45
New and follow-on
transactions
$9.1b
CEFC
commitments

Lifetime

$104.6b
Total transaction value
>440
New and follow-on
transactions
$27.1b
CEFC
commitments

Investing to lower emissions across the economy

Where we invest

Total capital capacity

Where we invest

Total capital capacity

Total capital capacity
Fund Capital capacity
Rewiring the Nation Fund $19.6 billion
General Portfolio $11.5 billion
Household Energy Upgrades Fund $1 billion
Powering Australia Technology Fund $500 million
Advancing Hydrogen Fund $300 million
Clean Energy Innovation Fund $200 million

Delivering on Australia’s emissions reduction targets

The CEFC continued to increase its contribution to the Australian Government’s emissions reduction targets. In the 2024-25 year, for every tonne of financed emissions, CEFC investments are expected to deliver 12 tonnes of emissions abatement.

Emissions abatement by financial year
Financial year Emissions abatement
2022–23 905,360
2023–24 1,253,214
2024–25 1,691,052

Note: CEFC reports emissions with a one-year lag to provide sufficient time to collate emissions data and reduce reliance on estimates.

Our stories

CEFC investments in 2025–26 contributed to a broad range of activities focused on emissions reduction, energy efficiency and carbon sequestration.

Watch

Tiwi Islands

The CEFC, alongside River Capital, is backing a landmark First Nations-led plantation forestry project in the Tiwi Islands to plant 30,000 hectares for long-rotation forestry harvest. The project is expected to generate high-integrity Australian Carbon Credit Units.

$40m
CEFC commitment

Watch

Household Energy Upgrades Fund

The CEFC is working to make it cheaper for households to make home energy upgrades by crowding in private capital through its specialist $1 billion CEFC Household Energy Upgrades Fund™ (HEUF). The CEFC made investment commitments totalling $170 million in the HEUF during the reporting year. Over the lifetime of the HEUF, the CEFC had committed $535 million, to deliver more than $1 billion in low-interest consumer lending programs.

$170m
CEFC commitment

Annual Report
2025–26

Acknowledgement of Country

The CEFC acknowledges the Traditional Owners and Custodians of this land, and we pay our respects to all Elders, past and present.
We recognise and celebrate their deep and continuing connections to Country, skies, seas and waters.

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