Agribusiness

Agribusiness

The agribusiness sector is an important contributor to Australia's economy but with energy costs on the rise, agribusinesses face challenges in remaining competitive on a global scale. There is significant opportunity for agribusinesses to transform their businesses by maximising energy efficiency and installing renewable energy.

The uptake and implementation of these technologies can reduce on‑farm energy costs, and in some cases, lead to increased yields.

How can agribusinesses benefit?

• Make cost-effective upgrades to energy-efficient equipment, buildings and production facilities
• Lower your operating costs and boost productivity
• Insulate your business from volatile and rising energy prices
• Save water, reduce fertiliser use, reduce carbon emissions

Solar powered irrigation pumps Solar hot water and heat pumps Rooftop solar systems Biomass energy-from-waste	Variable speed drives, high efficiency motors and pumps Farm and process machinery upgrades Efficient refrigeration Efficient lighting, heating, insulation, ventilation and air conditioning	Farm equipment and vehicle upgrades Co-generation and tri-generation systems for processors

CEFC FINANCE IN ACTION

Solar savings for Radevski Coolstores

	The CEFC is targeting major clean energy benefits in the Australian agricultural industry with a $100 million investment into the agricultural platform of Macquarie Infrastructure and Real Assets (MIRA). As part of the CEFC investment, the CSIRO will contribute expert analysis to enable clean energy learnings to be shared across the farming sector. Learn more
	Australian Agriculture Company has installed solar PV at 15 sites across Queensland and reducing its energy grid consumption and associated carbon emissions by around 30 per cent on average.
	Apple and chestnut growers, Nightingale Bros Pty Ltd, is upgrading its refrigeration to cut its energy costs by just under 40 per cent with CommBank and CEFC finance

FINANCE OPTIONS

Asset finance for agribusinesses is available through ANZ, NAB, Westpac, CommBank or Macquarie for energy efficient equipment and renewable energy improvements.  Learn more.

Ratesetter Green Loan lending market offers secured and unsecured personal and small business loans for qualifying energy efficient and low emissions assets. Learn more.

Australian Bioenergy Fund run by Foresight Group finances technologies including energy from agriculture waste projects and biofuel production. Learn more.

Direct CEFC debt or equity finance is available for eligible projects. Learn more.

MORE INFORMATION

View our clean energy for agribusiness factsheet.

Learn more about bioenergy and energy from waste.

Contact ANZ, NAB, Westpac, CommBank or Macquarie directly about their energy efficient finance programs.