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01 Performance

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: ARIF1 $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
  1. 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
  1. Formerly Kwinana WtE Finance Co Pty Ltd.
  • Some transactions are allocated across multiple categories, reflecting CEFC commitments across diverse technologies and/or industry sectors.
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