By: greenbank On: December 01, 2015 In: Comments: 0

CEFC committed a loan of up to AU$9.1 million to the University of Melbourne to accelerate initiatives that will help it improve its sustainability in its push towards carbon neutral operations. The University of Melbourne is undertaking projects involving a range of energy efficient technologies and innovative renewable technologies which are expected to reduce grid electricity use by about 8%. The CEFC is financing the University of Melbourne through a staged direct loan facility that is designed to work with the University’s rollout of its sustainability upgrade plans.This transaction was the first CEFC university clean energy financing transaction.

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