With the costs of implementing green technology lowering significantly in recent years, 2022 presents an opportune time for primary producers to enter or continue to expand their green assets.
The CEFC and how they can assist you
The Clean Energy Finance Corporation (CEFC) is helping to cut emissions by investing $10 billion on behalf of the Australian government in agriculture, cleantech innovation, energy generation and storage, infrastructure, property, transport and waste.
Acting as an Australian government owned Green Bank with the goal of facilitating increased financial flow into the clean energy sector. The benchmark for direct CEFC funding is larger type investments of greater than $20 million, which in our experience would fall outside most primary producer businesses. To assist primary producers the CEFC has partnered with a select group of lenders who provide asset finance from $5,000.
As part of the scheme, lenders supported by CEFC, are able to offer businesses of all sizes discounted interest rates on finance for eligible clean energy assets. The criteria being that the investment will reduce energy use or generate renewable energy.
The CEFC in conjunction with the National Farmers Network has identified 51 clean energy investments ranging from $5,000 to greater than $100,000, within the categories of:
Mazars has been working with a number of commercial lenders who provide CEFC supported finance. For assistance in analysing the viability and financial return of clean investments, or assistance in obtaining CEFC funding either directly or through a commercial lender,
please contact your usual Mazars advisor or our specialists John Kotzur and Matthew Beasley for a confidential discussion via the form below or on:
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Published: 06/06/2022
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