The federal government has injected another $8.6 billion into the Clean Energy Finance Corp (CEFC) to spend on its Rewiring the Nation projects. The CEFC is leading the financial aspects of the program and says the cash is the first extra funding it’s ever received from the government in its decade-long life. “This new capital […]
Report clears Plenti, CEFC of wrongdoing over government contracts worth $107m
An independent inquiry has found the Clean Energy Finance Corporation did not engage in favouritsm when it gave two public contracts worth $107 million to green lender Plenti. Energy Minister Angus Taylor commissioned the investigation by accounting firm RSM Australia after industry competitors complained the contracts were awarded without a proper tender process. RSM director […]
CEFC drives $1 billion in smaller-scale clean energy projects as Bank of Queensland comes on board
The CEFC has marked a major milestone in Australia’s clean energy transition, helping drive more than $1 billion in new investment in smaller-scale clean energy projects Australia-wide. The milestone coincides with the launch of the CEFC’s latest co-financing program, a $100 million agreement with the Bank of Queensland’s BOQ Finance (BOQF) division, to help businesses […]