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Commitments in 2018–19

The CEFC made new investment commitments of almost $1.5 billion in the 12 months to 30 June 2019, across 30 transactions with a total investment value of $6.3 billion. Some transactions are allocated across multiple categories, reflecting CEFC commitments across diverse technologies and/or industry sectors.

In the 12 months to 30 June 2019, we committed almost $1.5 billion in new investments across 30 projects with a total value of $6.3 billion. This included almost $1 billion in renewable energy, and more than $500 million in energy efficiency and low emissions projects.

Ian Learmonth
CEO, CEFC

Figure 6: CEFC commitments – low carbon electricity*

Renewables generators, electricity retailers and network service providers

CEFC investment commitment

2018–19

Neoen Australia: Numurkah Solar Farm

$56.2m

Mirvac: Australian Build-to-Rent Club

$2.0m

SA Government Home Energy Storage Subsidy Scheme

$100.0m

NEXIF Energy: Lincoln Gap Wind Farm

$50.0m

Infrastructure Capital Group: AR1

$100.0m

Housing Plus: Social and Affordable Housing

$49.3m

Intellihub Operations Pty Limited

$10.0m

ICA Partners2: Warada Capital Pty Ltd

$5.0m

RATCH-Australia Corporation: Collector Wind Farm

$180.0m

FlexiGroup Limited: Green bond

$10.0m

AllianceBernstein: Managed Volatility Equities (Green MVE)

$15.0m

Woolworths Group Ltd: Green bond

$1.2m

Total Eren: Kiamal Solar Farm

$51.2m

InfraRed Capital Partners: Curtin University

$23.8m

Neoen Australia: Gilgandra Solar Farm

$57.6m

Windlab Pty Ltd

$6.9m

Cromwell Diversified Property Trust: Seniors’ Living Village

$25.8m

Bank of Queensland: Energy Efficient Equipment Finance

$50.0m

Barwon Institutional Healthcare Property Fund

$28.0m

TOTAL

$822.1m

1 Australian Renewables Income Fund.

2 Previously Ironstone Capital Advisory.

Figure 7: CEFC commitments – electrification and fuel switching*

Electrification and fuel switching

CEFC investment commitment

2018–19

Bank of Queensland: Energy Efficient Equipment Finance

$20.0m

TOTAL

$20.0m

Figure 8: CEFC commitments – ambitious energy efficiency*

Property, infrastructure, manufacturing, agriculture, community housing and universities

CEFC investment commitment

2018–19

Mirvac: Australian Build-to-Rent Club

$60.7m

Housing Plus: Social and Affordable Housing

$42.3m

Cbus Property: 447 Collins Street Unit Trust

$100.0m

Relectrify Holdings Pty Ltd3

$2.5m

Redback Technologies Pty Ltd3

$0.7m

Intellihub Operations Pty Limited

$15.0m

AllianceBernstein: Managed Volatility Equities (Green MVE)

$35.0m

Zen Ecosystems Holdings Pty Ltd3

$2.0m

Omni Tanker Pty Ltd3

$4.0m

Woolworths Group Ltd: Green bond

$28.8m

Morse Micro Pty Ltd3

$1.8m

Carbon Revolution Pty Ltd3

$2.0m

InfraRed Capital Partners: Curtin University

$89.7m

Cromwell Diversified Property Trust: Seniors’ Living Village

$34.2m

Bank of Queensland: Energy Efficient Equipment Finance

$30.0m

Barwon Institutional Healthcare Property Fund

$52.0m

TOTAL

$500.7m

3 Clean Energy Innovation Fund.

Figure 9: CEFC commitments – biosequestration and non-energy emissions reduction*

Waste and bioenergy

CEFC investment commitment

2018–19

Visy Packaging Properties Pty Ltd

$30.0m

Avertas Energy4: Kwinana energy-from-waste facility

$90.0m

TOTAL

$120.0m

4 Formerly Kwinana WtE Finance Co Pty Ltd.

* Some transactions are allocated across multiple categories, reflecting CEFC commitments across diverse technologies and/or industry sectors.