The CEFC has a strong focus on extending the reach of our finance to support investment in smaller-scale clean energy projects. Through our asset co-finance programs with the major banks, specialised lenders and funds, we continue to deliver the benefits of clean energy to energy users, whether on the farm, in households, on the road or in a factory. We are proud to have helped finance more than 8,600 individual projects, involving farmers, small businesses, manufacturers, building owners and community facilities.
The Clean Energy Innovation Fund is the largest dedicated Australian investor of its kind. It was created as a specialist financier to invest $200 million in early-stage clean energy companies. The Fund targets technologies and businesses that have passed beyond the research and development stage and which can benefit from early stage seed or growth capital to help them progress to the next stage of their development. It is operated with the assistance of ARENA.
Through the Sustainable Cities Investment Program, the CEFC invests to accelerate the development and deployment of a broad range of clean energy projects in Australia’s 50 largest cities, from Alice Springs with 25,000 people to Sydney, Australia’s largest city, at some 5.1 million people.
The Reef Funding Program is financing clean energy projects in the Great Barrier Reef Catchment Area, supporting delivery of the Reef 2050 plan and the long-term health of the Great Barrier Reef.