Through the $19 billion Rewiring the Nation Fund, the CEFC is spearheading investment in transmission infrastructure, long-duration storage, electricity distribution network infrastructure and distributed energy resources.
These investments aim to deliver substantial investment and economic benefits across Australia, enabling the electrification of our economy using our abundant low-cost solar and wind resources.
RTN Fund: Eligible investments
Priority transmission projects identified by AEMO and other transmission network authorities across multiple Australian grids: including the National Energy Market, and the Western Australian and Northern Territory grids.
Opportunities to enhance benefits to electricity consumers, including additional renewable energy generation facilitated by RTN investments. Long-duration grid storage and enhanced electricity distribution network.
Measures to strengthen the security, reliability and affordability of the grid, including demand management resources.
Enhancements to grid infrastructure to support a hydrogen hub or offshore electricity project.
READ OUR INSIGHT
Powering towards our net zero economy
Read our Investment Insight to find out how we are investing through the RTN Fund to help address the financing barriers to Australia’s clean energy transition.
Up to $1.92 billion in CEFC finance for HumeLink, linking the Greater Sydney electricity load centre with the Snowy Mountains Hydroelectric Scheme, Energy Connect in south-west NSW and the NSW element of VNI West.
Central-West Orana REZ to deliver cleaner and stronger grid
CEFC debt finance underpins EnergyCo work on the landmark Central-West Orana Renewable Energy Zone, with an innovative financing structure to reduce consumer costs while accelerating project delivery.
AEMO develops VNI West to secure Australia’s energy supply
With this investment the CEFC is supporting the delivery of an actionable ISP project, which will have flow on benefits across the network, for Australia’s clean energy transition and for energy users.
VNI West to provide essential infrastructure for net zero transition
We are pleased to invest CEFC capital through the RTN Fund to enable Transgrid to complete early works that will help progress VNI West in New South Wales, an important project in Australia’s clean energy transition.
Paul McCartney
Chief Investment Officer - Rewiring the Nation, CEFC