In December 2012, LCAL and CEFC announced the intention to merge and create a single organisation that provides new, bigger opportunities in energy efficiency financing under the banner of the CEFC.
Low Carbon Australia continues to co-finance a range of individual energy efficiency projects, and has significant investment partnerships with National Australia Bank & Eureka Funds Management, Origin, Macquarie Bank, Commonwealth Bank, FlexiGroup and Global Rental & Leasing.
It is expected that Low Carbon Australia will be integrated into the $10 billion Clean Energy Finance Corporation (CEFC) which will commence investment operations from July 2013. This will create a single organisation offering the opportunity for significantly expanded finance for energy efficiency and clean energy projects.
Work is already underway to ensure the transition to a single entity is as smooth as possible. In saying this Low Carbon Australia continues with business as usual and is continuing to invest through its co-finance partners in accordance with its existing mandate until such time as the CEFC is able to take over this role.
Talk to Energetics about exploring the financing opportunities that are available, and what may best suit your project and business needs.