The Clean Energy Finance Corporation (CEFC) has made more than $2 billion in new commitments in 35 individual transactions in the 2016-2017 financial year, according to its annual report.
“The CEFC has delivered a strong performance in its fourth full year of operation, achieving new highs in the number, impact and value of commitments across the clean energy sector,” Steven Skala, CEFC chair said. “The CEFC was created with a clear charter to stimulate change in Australia’s investment in clean energy, as a key pathway to the decarbonisation of the Australian economy. CEFC investments are delivering positive returns to taxpayers, while catalysing or leading to additional private sector finance in the sector and helping reduce Australia’s emissions.”
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