30 July 2018
The Clean Energy Finance Corporation had record new commitments of $2.3 billion in the year to June 30, to solar and wind farms and energy efficient building projects.
The outlays were split roughly half in half between renewable energy and energy efficiency for commercial buildings, residential estates and infrastructure such as ports and airports.
Chief executive Ian Learmonth said the federal green bank would continue to seek gaps in the market where commercial finance is still not available.
Standout deals include $150 million in equity for IFM Australian Infrastructure Fund, which owns NSW electricity distributor Ausgrid, the Ports of Melbourne and Botany, and Melbourne and Brisbane Airports, to drive solar, batteries, electric vehicles, and energy saving.
It also was involved in providing $90 million debt to Mirvac to fund rooftop solar panels and batteries on new housing estates in Sydney and Brisbane, and $100 million in equity for Lend Lease’s Melbourne Quarter commercial and residential development.