ANNOUNCED AS TEMPORARYNo
On 26 June 2018, the Clean Energy Finance Corporation (CEFC) of Australia announced an agreement with New Energy Solar for the establishment of a new acquisition facility worth AUD 50 million (USD 37 million). The objective of these resources is to boost further private investment in the Australian renewable energy sector.
Clean Energy Finance Corporation
The Clean Energy Finance Corporation is a government-funded financier created to fund clean energies. To achieve these goals, the Australian government has provided credits of AUD 2 billion each year from 1 July 2013.
The statutory text, the Clean Energy Finance Act 2012, states that only solely or mainly Australian-based investments are eligible for these resources.
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