Highlights 2020–21
In a year of firsts, we were proud to make landmark investment commitments in new areas of the economy, in innovative technologies and in nation-building clean energy projects. Investments into new areas of the economy accounted for one third of new investment commitments in the 2020–21 year – across hydrogen, transmission and embodied carbon. Our investments also reached new areas in recycling, innovative solar technology, green home loans and the first climate-focused Australian equities index.
2020–21 investment highlights
First major transmission transaction
$125 million to help deliver grid infrastructure critical to delivery of the landmark Snowy 2.0 pumped storage project
First hydrogen-related investment
$750,000 to Wollongong University start-up Hysata to commercialise innovative electrolyser production technology
Australia’s first forward-looking climate index
$60 million cornerstone investment in the BNP Paribas green bond linked to the new Australian Climate Transition Index
Regenerative farming transformation
$50 million investment in science-led sustainable farming platform, to lift yields and climate resilience, while cutting carbon emissions
Recycling Investment Fund gets started
$16.5 million investment to recycle the equivalent of some one billion PET bottles into high-grade food packaging
Backing for next generation solar PV technology
$10 million investment to develop Sunman’s revolutionary lightweight, flexible solar panels
Deploying embodied carbon in property construction
$95 million in debt finance to support the use of low carbon concrete in Perth’s Roe Highway Logistics Park
Record 11 new investments in cleantech
driving almost $32 million in new investment commitments through the specialist Clean Energy Innovation Fund
First all green residential mortgage-backed securitisation
$108.5 million investment to help deliver sustainable housing through Firstmac green home loans
Greener homes for people living with a disability
$87 million investment in first specialist disability accommodation platform with a sustainability focus
Single largest investment
up to $295 million investment to deliver critical transmission infrastructure across three states, as part of Project EnergyConnect (closed just after year end)