By: Isabelle Elizondo On: August 29, 2023 In: Comments: 0

The CEFC has committed $100 million to the 300 MWac Walla Walla Solar Farm near Albury, NSW, taking lifetime commitments in renewable energy projects to $3.03 billion and delivering an additional 5.1 GW of solar and wind energy generation capacity.

It is the largest solar farm to be project financed by the CEFC and its third investment in large scale clean energy generation in two months, in a significant boost to the sector as it faces strong economic headwinds.

Together with CEFC investment commitments of $175 million in the Golden Plains Wind Farm and $75 million in the ACEN clean energy portfolio, the Walla Walla Solar Farm transaction marks an important contribution to the decarbonization of the electricity sector as Australia pursues 82 per cent renewable energy generation by 2030.

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