Australia Clean Energy Finance Corporation

Australia Clean Energy Finance Corporation

Offers Australian clean energy ventures project finance support through the Clean Energy Finance Corporation for deployable projects.

The Clean Energy Finance Corporation (CEFC) is an Australian Government-owned green bank established under the Clean Energy Finance Corporation Act 2012, mandated to facilitate increased flows of finance into Australia's clean energy sector and support the country's emissions reduction targets. With access to more than $33 billion in capital, the CEFC deploys concessional debt, structured loans, and equity through a range of investment vehicles — including the Rewiring the Nation Fund, Advancing Hydrogen Fund, Household Energy Upgrades Fund, and the Clean Energy Innovation Fund managed by Virescent Ventures. The CEFC targets commercially viable clean energy projects and companies that would benefit from below-market financing terms unavailable through conventional lenders.

The CEFC's investment range spans from approximately $2 million to $200 million per transaction, with deal structures calibrated to project scale and risk profile. Eligible applicants must be incorporated in Australia and operating in sectors including renewable energy generation, energy storage, clean transport, property, infrastructure, hydrogen, and alternative fuels. The CEFC primarily targets assets and companies at TRL 6–9 — those that are commercially deployable or near it — and works alongside private co-investors rather than displacing private capital. The Household Energy Upgrades Fund channels concessional finance to consumers via partner financial institutions, while the Clean Energy Innovation Fund focuses on earlier-stage climate tech equity investment.

The CEFC is not a grant-making body; its instruments are structured as loans, equity, or concessional finance arrangements that require repayment or involve equity dilution. Applicants are evaluated through direct engagement with CEFC investment teams or, for the Clean Energy Innovation Fund, through Virescent Ventures. There is no public application deadline or competitive grant round — investment decisions are made on a rolling basis through CEFC's standard origination process.