The CEFC is pleased to announce a $100 million investment in a Neoen portfolio of renewables and storage assets across the country. CEFC capital is now backing more than 2.3 GW in new battery capacity across nine projects Australia-wide and more than 6.2 GW of clean energy generation. https://lnkd.in/ee4BNBSh
Clean Energy Finance Corporation
Financial Services
Sydney, NSW 29,880 followers
We’re investing Towards ZERO to capture the benefits of Australia’s net zero future.
About us
The CEFC is a specialist investor in Australia’s transition to net zero emissions by 2050. With access to more than $30 billion from the Australian Government, we work with co-investors, industry and government to drive economy-wide investment in decarbonisation. We invest in renewable energy, energy efficiency and low emissions technologies via the CEFC General Portfolio, the Rewiring the Nation Fund and four Specialised Investment Funds: the Household Energy Upgrades Fund, the Powering Australia Technology Fund, the Advancing Hydrogen Fund and the Clean Energy Innovation Fund. We are governed by an Independent Board, which provides prudent oversight and governance of CEFC investment decisions and risk management. Our Executive and staff bring considerable experience and expertise to our investment and decarbonisation task. In adopting a national approach to the emissions challenge, we invest with commercial rigour, aiming to deliver a positive return across our portfolio.
- Website
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http://www.cefc.com.au
External link for Clean Energy Finance Corporation
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Sydney, NSW
- Type
- Government Agency
- Founded
- 2012
- Specialties
- Renewable energy, clean energy finance, Energy efficiency, green bank, green investment, climate bonds, lowering emissions, climate change, decarbonisation, sustainable cities, green buildings, and cleaner vehicles
Locations
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Primary
Level 17
1 Bligh Street
Sydney, NSW 2000, AU
Employees at Clean Energy Finance Corporation
Updates
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Our Household Energy Upgrades Fund is working to help homeowners fast track their transition to cheaper, cleaner energy. Read about our latest HEUF investment.
Excited that the Clean Energy Finance Corporation has now made four investments from the Household Energy Upgrades Fund, with $345 million helping Australians reduce energy use. Check out article in The Australian below. Our latest green home loan is with Bank Australia and makes it cheaper for homeowners to install a wide range of clean energy technologies to improve their energy efficiency and cut #emissions. Well done HEUF team Richard Lovell Grace Tam Josh Heazlewood #netzero #climateaction
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Learn how the largest multi-asset, multi-site green energy contract in Australia is supplying two major infrastructure investors with lower cost renewable energy in our latest Green Files article. We talk to IFM Infrastructure Global Head of Asset Management Danny Elia about how the Australian Infrastructure Renewable Energy Program between IFM and QIC is delivering 500 GWh of renewable electricity each year through a three-stage $700 million power purchase agreement that involves synchronising multiple energy projects. The contract is expected to save about $200 million in power costs over eight years and it is helping get more renewable energy generation built sooner. https://lnkd.in/g6BEdCqB IFM Investors #netzero #sustainability
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We’re pleased to announce our latest investment to help people living in apartments access to the benefits of #renewableenergy. Our $25 million investment to back innovative energy retailer, Energy Locals, comes alongside a lead commitment from core-plus infrastructure fund Palisade Impact. The investment will help accelerate the deployment of #cleanenergy technologies like solar panels, battery systems, heat pumps and EV chargers in multi-tenant buildings across Australia. #netzero emissions. https://lnkd.in/geqjfA7N
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Metro Finance busts five myths about green finance for SMEs We’re working with Metro, supporting its MetroEco product to provide discounted finance solutions for electric vehicles, solar and batteries and more efficient farm and building machinery. Find out more about how it all works with this Metro blog post: https://lnkd.in/gYc9XcQn
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Will our cars power our homes? Nick Zeltzer from A Positive Climate podcast talks to JET Charge CEO Tim Washington about the potential of electric vehicles. Tim shares insights into where he sees the market headed, the benefits and potential challenges as we move towards an electric vehicle future. https://lnkd.in/guv3RvjR #electricvehicles #batterystorage
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Our CEO Ian Learmonth was honoured to be part of #COP29 discussions in Baku and host a panel on using carbon markets to finance nature-based solutions. The replay of the session provides insights into what Australia is doing and what is attracting international investors. Hear from Assistant Minister for Climate Change and Energy Hon Josh Wilson MP, Ian, Alexander Lewis from Qantas Group, Skye Glenday from Climate Friendly and Geoffrey Seeto from New Forests. https://lnkd.in/gTwc2ms9 #cleanenergy #netzero Department of Climate Change, Energy, the Environment and Water Alexander L.
Carbon finance for nature-based solutions: Experience in Australia, Asia and beyond
https://www.youtube.com/
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The CEFC congratulates Virescent Ventures on the announcement that QIC has joined existing investors including the CEFC in its Fund II raise. The CEFC is proud to be a foundation shareholder in Virescent Ventures which launched in 2022. It’s great to see Virescent Ventures continue to bring its specialist expertise to back Australia’s ambitious climate tech founders, technologies and businesses in the race to #netzero emissions. https://lnkd.in/g2SiJMVR
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CEFC CEO Ian Learmonth is on the ground at COP29 Azerbaijan. If you are attending, join Ian in the Australian Pavilion on Thursday 14 November at 12pm for a panel discussion on Carbon finance for nature-based solutions. https://lnkd.in/gsdBtJrv
Great to be in Baku on behalf of Clean Energy Finance Corporation for COP29 Azerbaijan with the Australian delegation. Positive news from the UK yesterday and no doubt plenty of announcements and ambition over coming days. Looking forward to hosting a panel tomorrow at the Oz Pavillion at 12 midday on Carbon Finance for Nature with Skye Glenday Geoffrey Seeto Alexander L. More details to follow