- Where we invest
Our flexible approach to investment recognises the needs of our evolving market. Our financial products and structures help drive private sector investment in a diverse range of activities to cut emissions. We apply commercial rigour across our transactions.
|1. Direct investments||2. Investment funds||3. Debt markets||4. Asset finance|
Our direct investments for small and large scale clean energy projects include flexible debt and/or equity finance, tailored to individual projects.
We invest in new and established investment funds to co-deliver clean energy for agribusiness, infrastructure, property and more.
We are a leading investor in Australia's emerging green bonds market, creating new clean energy options for investors and developers.
We work with banks and co-financiers to deliver discounted finance to businesses, manufacturers and farmers for clean energy investments.
Read our handy FAQs to find out if your projects can attract CEFC finance.
The CEFC has a unique role to increase investment in Australia’s transition to lower emissions. We invest to lead the market, operating with commercial rigour to address some of Australia’s toughest emissions challenges - in agriculture, energy generation and storage, infrastructure, property, transport and waste. We’re also proud to back Australia’s cleantech entrepreneurs through the Clean Energy Innovation Fund. In investing $10 billion on behalf of the Australian Government, we work to deliver a positive return for taxpayers across our portfolio.Back to top
We apply commercial rigour to individual investment decisions, which are made independently of the Australian Government, in accordance with the CEFC Act.Back to top
Like any other financial institution, we consider proposals based on their commercial viability. We also place value on the externalities generated from proposals. Proposals are reviewed against our eligibility and evaluation criteria.Back to top
We aim to assess all enquiries as fast as we can, depending on the level of complexity and volume of enquiries we receive. We will typically get back to you within two to three business days.Back to top
Depending on the nature of your proposal, we may ask for additional supporting information, such as audited financial statements, energy audits or project feasibility studies. For individual project proposals, we will require a project cash flow if we are satisfied with the project's eligibility and initial assessment outcomes.Back to top
Financial terms, including financial product type, interest rate and payback period can be tailored to suit each individual project. Naturally, we cannot provide financial terms until we have undertaken a satisfactory assessment and due diligence of the following. Please note, this list is indicative and not exhaustive:
Our Investment Mandate Direction specifies our Portfolio Benchmark Return (PBR) for the performance of funds invested based on a weighted average of the five-year Australian Government Bond Rate.
Proponents should not expect to be able to access the CEFC's funding at the PBR. We take a commercially rigorous approach to our investments and seek to deliver a market-based return on our investments which exceeds the CEFC's PBR. The actual return for any given investment will be a market based risk-adjusted return reflecting the:
Finance will be offered on the least generous terms possible for a given project to proceed.
Projects seeking CEFC finance of more than $20 million must comply with Australian Industry Participation Plans (AIPP) policy.Back to top
You can contact us via email. Details are available on our Enquiries page.Back to top
All proposals and associated information are treated as commercially confidential. Applicants supplying information to the CEFC should be aware that we are subject to the provisions of the Freedom of Information Act (FOI) 1982 and information provided to us may become the subject of an FOI access request. We will always ask your permission before sharing information specific to your proposal with external parties if that information is not already in the public domain.Back to top
You can make an enquiry to check your eligibility for CEFC finance here.Back to top
The application form is a starting point and should be kept concise. The form provides sufficient space to answer specific questions and you can attach additional information if necessary. The better the information we get about your proposal, the more promptly we can respond.Back to top
Our preferred minimum individual investment size for renewable technology projects is $20 million. We have limited ability to process a volume of small individual project transactions and are mindful of limiting transaction costs, meeting performance benchmarks and achieving self-sufficiency. We have a range of programs with co-financiers to assist with smaller transactions and we encourage project proponents to also consider these.Back to top
If your proposal is successful, we will discuss the ongoing reporting requirements we may require after project implementation. In many instances, you may be able to draw on your existing internal organisational reporting.Back to top
We do not provide grants, but we may co-finance or co-invest in projects that have received grant assistance.Back to top
A concessional loan is offered on more favourable terms than could be expected to be available between a private sector lender and private sector borrower. The concession(s) provided may take many forms but typically will be one or more of:
The size of the concession(s) can be quantified for accounting purposes as a concessionality charge.Back to top
Yes. The CEFC Innovation Fund focuses on companies, businesses and projects at early stages of development that are now seeking growth capital, or early stage capital, to assist their businesses get to the next stage of their development. The Innovation Fund is jointly managed by the CEFC and ARENA. You can apply for finance through the CEFC application process.Back to top
A key objective of the CEFC is to seek out innovative structures to address financial impediments to private sector investment in the clean energy sector. Our investments may be in the form of debt products or equity investments or a combination of both. Our diverse portfolio comprises approximately 70 per cent in senior debt investments and 30 per cent in equity or hybrid investments.Back to top
We encourage Australian participation in our investments. For projects of more than $20 million, we are required to ensure that our finance recipients agree and adhere to the Australian Industry Participation (AIP) Plans policy. AIP Plans are designed to increase opportunities for capable and competitive Australian and New Zealand small and medium sized enterprises to participate in major projects.Back to top
Yes. We are committed to attracting additional private sector finance into clean energy and have developed a range of exciting programs with co-financiers to support the transition to renewable energy, and support energy efficiency and low emissions technologies. These are particularly relevant to small businesses, manufacturers and agribusiness, as well as small-scale commercial property. Enquire here.Back to top
The CEFC's Investment Mandate requires that we conduct a comprehensive evaluation of investment proposals in arriving at investment decisions and consider a wide array of factors that a private sector financier would be unlikely to consider. These include:
Positive externalities result from technologies moving faster along the innovation chain, down the cost curve and through greater acceptance in financing markets. They can also flow from improvements in technology design, supply chain depth, construction practices, operating skills, financing structures and market risk appetite.
The positive externalities generated by CEFC investments will over time have a cumulative impact across the sector, leading to reduced carbon emissions and accelerating Australia's clean energy transformation.
We are obliged to take these matters into account in evaluating investment opportunities but they are not further qualifying or eligibility for investment. The degree to which they influence decisions is a matter of business judgment and is assessed on a case-by-case basis.Back to top