The federal government’s green bank has closed the books on another 12 months of record investment, including finance to help break Australia’s wind energy drought, and to deliver a new undersea transmission link between Tasmania and Victoria – it’s biggest single loan yet.
The Clean Energy Finance Corporation (CEFC) has reported committing a record $9.1 billion in discounted finance over the 2025-26 financial year, helping to drive $19.6 billion in total transaction value.
The ramp-up in activity has also taken the CEFC past a major new milestone: the mobilisation of projects worth a collective $105 billion since its inception almost exactly 14 years ago, in August 2012.
For 2025-26, the $9.1 billion of committed finance includes $7.8 billion to help underwrite wind, solar and storage as the pressure mounts to meet the federal renewable energy target of 82 per cent by 2030. The remainder of the spend was divided between energy efficiency and low-emissions technology.
Separately, through the $19 billion Rewiring the Nation (RTN) fund, the CEFC’s financing of transmission infrastructure – huge and costly projects considered critical to support enough new wind and solar to usher out coal – accounted for another $7.2 billion in commitments.
