By: greenbank On: June 01, 2017 In: Comments: 0

CEFC’s finance for Moorebank Logistics Park is the first investment in clean energy transport infrastructure for the CEFC. It committed up to AU$150 million through a seven-year bilateral term debt facility to assist in providing medium-term finance for the staged construction of the terminal. Leading freight and logistics company Qube Holdings Limited is developing the nationally-significant Moorebank Logistics Park to take emissions-intensive trucks off Australian roads by increasing the use of rail networks to distribute containerised freight to and from Port Botany. The switch to rail transport, when operating at scale, will cut an estimated 3,000 truck journeys a day from Sydney’s road network, particularly the M5. It will also reduce the number of regular Sydney-Brisbane and Sydney-Melbourne truck freight trips.

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