The CEFC capitalised on strong market interest in clean energy investments to underpin a record $3.5 billion in new commitments across 28 transactions in the six months to December 2024.
Investment update July - December 2024
December 2024
Heightened market activity in the six months to December 2024 helped deliver substantial new investment across the clean energy economy, supporting Australia’s transition to net zero emissions. CEFC transactions during the period took the lifetime value of CEFC commitments to $17.7 billion, attracting an additional $53.8 billion from co-investors to take total transaction value to $71.5 billion.
Read more
Our investment
The CEFC capitalised on strong market interest in clean energy investments to underpin a record $3.5 billion in new commitments in the six months to December 2024. The CEFC investments, across 28 transactions, attracted an additional $9.8 billion from co-investors, for a total transaction value of $13.3 billion.
The new investment commitments reflect substantial progress across the three new investment programs: the Rewiring the Nation Fund, the Household Energy Upgrades Fund and the Powering Australia Technology Fund.
Highlights
- Nine transactions across the three funds in the six-month period attracted $2.4 billion in CEFC capital
- Continued growth of the natural capital portfolio, with commitments of $307.7 million across six transactions
- More than $140 million to support the uptake of electric vehicles
- Ongoing investment to back discounted loans for smaller-scale asset finance projects, used by households, industry, farmers and small to medium sized business.
As Australia’s ‘green bank’, we see it as particularly important to maximise the impact of our capital. The fact that each dollar of CEFC capital has attracted an additional $3.01 from other sources demonstrates the ability of the CEFC to crowd in significant additional capital, recognising the urgency of our climate goals.Ian LearmonthCEO, CEFC
