ANNOUNCED AS TEMPORARYNo
On 6 July 2018, the Clean Energy Finance Corporation (CEFC) of Australia announced the allocation of AUD 68 million (USD 50.5 million) to Quintessential Equity to build a 14-storey green building in Geelong.
The new construction obtained the highest world-class sustainability certification thanks to the implementation of new technologies that will help the building significantly reduce its carbon emissions.
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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