National footprint
We invest in businesses and projects deploying clean energy technologies which are complying investments, and that are solely or mainly Australian-based, across the various sectors of the economy.
Our investment commitments stretch across Australia, including national and state-based projects and programs. National commitments are those investments that have the potential to be deployed nation-wide, including smaller-scale clean energy investments via our asset financing programs, as well as CEFC commitments in climate bonds and equity funds with a specialist clean energy focus.
In 2018–19 we significantly increased our commitments to investments in Western Australia, with $222 million in CEFC finance contributing to new state-based investments valued at more than $1 billion.
Lifetime national commitments, where CEFC finance has the potential to deliver benefits more broadly, reached $3.2 billion at 30 June 2019, across almost 50 transactions, with a total investment value approaching $9.4 billion.
Visy has pledged to invest $2 billion in Australian manufacturing to create jobs, increase efficiencies and boost sustainability. We are pleased to partner with the CEFC to help us make good on a part of that pledge.
Anthony Pratt
Visy
Figure 13: New commitments by geographic location 2018–19
CEFC commitments |
Total value |
|
ACT |
$66.9m |
$258.0m |
NSW |
$397.7m |
$782.8m |
QLD |
$0.7m |
$2.9m |
SA |
$194.9m |
$589.8m |
TAS |
– |
$301.3m |
VIC |
$250.3m |
$1,750.0m |
WA |
$222.2m |
$1,093.4m |
National |
$330.0m |
$1,529.8m |
TOTAL 2018–19 |
$1,462.8m |
$6,307.9m |
Visit
https://www.transparency.gov.au/annual-reports/clean-energy-finance-corporation/reporting-year/2018-2019-20