The NAB Low Carbon Shared Portfolio is the first of its kind in Australia, giving Australian organisations the ability to directly invest in large-scale renewable energy projects.
The innovative NAB Low Carbon Shared Portfolio creates an opportunity for institutional investors such as superannuation funds to participate in the renewable energy sector even though they may not be able to enter into individual project financing transactions.
The AU$200 million Low Carbon Shared Portfolio is backed by a portfolio of eight NAB loans that fund seven existing wind and large-scale solar projects in Australia. The CEFC made a AU$90 million cornerstone commitment to the new offering.