By: greenbank On: June 01, 2013 In: Comments: 0

CEFC provided AU$50 million debt to Energy Efficient Loan (EEL) programme. Co-funded by the CEFC and Commonwealth Bank, the programme provides financing for projects valued at up to AU$5 million. The finance includes AU$100 million for business loans, which can be used for a range of projects, covering energy efficiency, low emissions technology and small-scale renewable projects. The Energy Efficient Loan can be used to finance up to 100 per cent of the asset purchase price, allowing borrowers to preserve working capital for other purposes, and loan terms can be aligned to the effective life of the equipment. The loans can be used across a wide array of energy savings technologies.

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