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Rewiring the Nation Fund

The CEFC is investing in the build-out of Australia’s modern electricity grid to deliver more affordable, cleaner and more secure energy for our nation.

$11.3b

CEFC grid commitments

>14GW

Renewable and storage capacity unlocked 

 

*All figures to 30 June 2026 and include CEFC’s investments via its Rewiring the Nation Fund and General Portfolio.

~2,000km 

Transmission buildout financed or supported

The role of the RTN Fund  

Australia's electricity system is undergoing a significant transformation. As aging coal-fired generators retire, renewables combined with storage provide the lowest-cost form of replacement. To connect Australia’s abundant solar and wind energy resources to homes, businesses and industry across the country, significant investment in new transmission infrastructure and network upgrades is required.  
 
The RTN Fund plays a critical role in accelerating these essential transmission projects and optimising existing systems to deliver a more affordable, reliable, low-emissions electricity grid. 

 

Delivering long-term benefits for Australia  

By driving the modernisation of Australia’s grid, the RTN Fund helps deliver long-term benefits across the economy from lower energy costs and improved energy security to enabling broader decarbonisation. 

  • Unlocks critical transmission

    Provides tailored and concessional finance solutions to bring forward high-impact projects and reduce the cost of borrowing. 

  • Lowers energy costs

    Enables new renewable generation to flow through the grid, reducing wholesale electricity prices and putting downward pressure on power bills over the long term. 

  • Strengthens energy security

    Reduces reliance on fossil fuels and increases access to domestically generated renewable energy, enhancing Australia’s energy security and resilience. 

  • Accelerates broader decarbonisation

    Supports the electrification of transport, mining and agriculture by improving access to renewable electricity across the economy. 

CEFC grid-related projects

The CEFC is currently investing in projects across the National Electricity Market, as well as progressing opportunities to support projects in Western Australia (the North West Interconnected System and South West Interconnected System) and the Northern Territory’s electricity system.

2

Projects completed

5

Projects under construction

11

Transactions reached
CEFC financial close

 

*All figures to 30 June 2026, transactions can be across common projects (e.g. facilitation of early works).

WATCH

The mega-project powering Australia’s clean energy future

One of Australia’s most significant enabling infrastructure projects and the CEFC’s largest investment, Marinus Link, will strengthen Australia’s national electricity grid with a two-way energy highway between Tasmania and Victoria. With thanks to Marinus Link for the video. 

RTN 1372140168 3

Our impact on grid modernisation

Find out how the CEFC plays a critical role in building and strengthening Australia’s grid and transmission infrastructure to provide a modern system that can support the transition to more affordable, cleaner energy.  

Read the update
Space Nem No Labels V2

Webinar: Rewiring the Nation Fund update

CEFC team members and Marinus Link CEO Stephanie McGregor discuss Rewiring the Nation Fund transactions with a focus on Marinus.

Watch the webinar
Pilbara

Electrifying the Pilbara

Discover the impacts and benefits of building common user transmission infrastructure in Western Australia’s Pilbara region. 

Read the report
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