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Clean Energy Finance Corporation

Clean Energy Finance Corp logoThe CEFC invests to increase the flow of finance into the clean energy sector, using an investment strategy focused on cleaner power solutions, including large and small-scale solar, wind and bioenergy; and a better built environment, with investments to drive more energy efficient property, vehicles, infrastructure and industry.

The CEFC also invests with co-financiers to develop new sources of capital for the clean energy sector, including climate bonds, equity funds, aggregation facilities and other financial solutions.

Visit the CEFC website

Name Australian Bioenergy Fund
Potential Value Co-contribution

The Australian Bioenergy Fund, managed by Foresight Group, is targeting equity investments in projects from $2 million to $100 million, ranging from small-scale anaerobic digestion to mid-scale energy from waste developments.

Eligible Businesses

The Australian Bioenergy Fund will invest in a range of technologies including:

  • energy from agricultural waste
  • anaerobic digestion, where microorganisms break down biodegradable material in the absence of oxygen
  • sustainably sourced biomass to energy projects, such as plantation timber residues and sawmill waste
  • landfill gas capture and destruction
  • wood palletisation, where forestry plantation waste is converted into pellets that can be burned as fuel
  • production of biofuels

Scope

  • Project finance: for larger utility scale renewable and low emissions generation projects as well as smaller projects that have specific features that may make them harder for commercial banks to finance alone
  • Corporate loans: for corporates that may have one or more renewable, low emissions or energy efficiency projects of various sizes; and
  • Aggregation funding: to catalyse large numbers of smaller projects in conjunction with commercial banks and other partners.

Learn about the Bioenergy Fund


Name Innovation Fund CEFC & ARENA

Potential Value Co-contribution

Finance for eligible projects across renewable energy, energy efficiency and low emissions technologies:

  • The CEFC is making up to $1 billion available for Innovation Fund-related investments over 10 years, drawing from the CEFC's $10 billion funding pool.
  • Ability for multiple councils to enter into joint financing agreements for eligible projects
  • Access to competitive fixed-rate longer-dated senior debt, up to 10 years

Eligible Businesses

The Innovation Fund targets technologies and businesses that have passed beyond the research and development stage, but are not yet established or of sufficient maturity, size or otherwise commercially ready to attract sufficient private sector capital.

The Innovation Fund can provide debt and/or equity finance for innovative clean energy projects which support renewables, energy efficiency and low emissions technologies.

Scope      

The Innovation Fund is targeting a diversified portfolio of Australian-based clean energy investments with a long term commercial outlook. Eligible investments span renewable energy, energy efficiency and low emissions technologies.

Eligible technologies:
  • Australian-based investments
    • Investment recipient has an Australian ABN
    • Investment falls into one of these categories and is located in Australia:
      • Building, fixtures or specific projects
      • Equipment /chattel (including ships and aircraft) or otherwise undefined activity (whether of a commercial, governmental or other nature)
    • Indirect finance of either or both of one of the above categories (e.g. Fund of Funds)
  • Renewable energy technologies
    • Renewables (including bioenergy, geothermal, hydro, ocean, solar, waste-to-energy, wind)
    • Hybrids of renewables with other technologies
    • Technologies (including enabling technologies) that are related to renewable energy (including supply of goods or services)
  • Energy efficiency technologies
    • Energy efficiency (including energy conservation and demand management)
    • Technologies (including enabling technologies) that are related to energy efficiency (including supply of goods or services)
  • Low emissions technologies
    • Technologies that reduce emissions that are not renewables or energy efficiency (including supply)
  • Prohibited technologies
    • A technology for carbon capture and storage (within the meaning of the National Greenhouse and Energy Reporting Act 2007)
    • Nuclear technology; or
    • Nuclear power

As part of the Innovation Fund's activities, the CEFC is providing opportunities for private and institutional financiers to also support innovative clean energy investments through co-investment opportunities.


Name Local Government Finance Program
Potential Value Co-contribution

Finance for eligible projects across renewable energy, energy efficiency and low emissions technologies:

  • Finance can be drawn over three years
  • Ability for multiple councils to enter into joint financing agreements for eligible projects
  • Access to competitive fixed-rate longer-dated senior debt, up to 10 years

Eligible Businesses

Australian local governments (councils), either individually or jointly.

Scope

Eligible waste-related projects can include:

  • Energy from waste projects - to create an energy source from council waste, reducing both landfill and energy costs
  • Leisure and aquatic centres - to systematically address these high energy users, with a combined approach to introduce better heating, ventilation and air conditioning solutions as well as renewable energy sources.
  • Other projects can also be considered where they fall within the CEFC's mandate, which covers renewable energy, energy efficiency and low emissions technologies.

Learn about the Local Government Finance Program