Clean Energy Finance Corporation

The Clean Energy Finance Corporation invests commercially to overcome market barriers and stimulate private sector funding in renewable energy, energy efficiency, and low emissions technologies, aiming to facilitate Australia's transition to a carbon-constrained economy.

Gloria Chan

Executive Director

Michael Di Russo

Director - Head of Property

Julia Hinwood

Director Infrastructure

Ian Learmonth

CEO

Rory Lonergan

Chief Investment Officer - Alternatives

Melanie Madders

Director

Paul McCartney

Co-Chief Investment Officer - Rewiring the Nation

Monique Miller

Chief Investment Officer

Bobby Vidakovic

Executive Director

Past deals in Utilities

Neoen

Post in 2024
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.

Ampol

Grant in 2024
Ampol Limited is an independent Australian company engaged in the purchasing, refining, and distribution of petroleum products across Australia, New Zealand, and Singapore. It operates primarily through two segments: Convenience Retail and Fuels & Infrastructure. The Convenience Retail segment sells fuels through a network of service stations, while the Fuels & Infrastructure segment wholesales fuels and lubricants, utilizing a comprehensive distribution system that includes depots and marine facilities. Founded in 1900 and headquartered in Sydney, Ampol has established itself as the largest and only Australian-listed petroleum refiner and distributor. The company transitioned from Caltex Australia Limited to Ampol Limited in May 2020, following the termination of its licensing agreement with Chevron. It owns and operates a refinery in Brisbane and has shifted focus to enhance its distribution and retail operations, including a significant acquisition of New Zealand's Z Energy in 2022.

SA Power Networks

Debt Financing in 2024
SA Power Networks is a prominent electricity distribution company based in Keswick, Australia, responsible for delivering power across South Australia. The company operates an extensive distribution network that spans 178,000 square kilometers and includes 89,000 kilometers of power lines. It serves approximately 887,000 residential and commercial customers, providing essential services such as network construction and maintenance, outage response, and safety measures against electric shocks and bushfires. Formerly known as ETSA Utilities, the company rebranded to SA Power Networks in September 2012 and was incorporated in 2011. Its commitment to reliability and safety underpins its operations in managing the electricity needs of the region.

Neoen

Post in 2024
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.

TagEnergy

Debt Financing in 2024
TagEnergy is a clean energy enterprise for a new cycle in the renewable energy industry. It was formed in 2019 to accelerate the energy transition by developing and investing in competitive and clean power stations in order to compete directly and actively on the energy markets. Renewables have now become the main source of energy able to provide both social responsibility and price efficiency, and we are delivering this in the countries where we have established our activity. ​TagEnergy is operated by a highly-experienced team of manager-shareholders. Its operations span the renewables value chain, from development, financing, construction and asset management of wind, solar and storage projects, to commercialisation of its competitive energy. TagEnergy has developed a portfolio of 2.7GW in the UK, Australia, Spain, Portugal and France, and intends to drive the pace of transition through projects that deliver reliable energy affordably, and at scale.

Australian Gas Infrastructure Group

Grant in 2023
Australian Gas Infrastructure Group is an energy infrastructure operator focused on the distribution of natural gas in Australia. The company serves a diverse range of customers, including residential households, power generators, mining operations, and manufacturers. It plays a crucial role in delivering energy solutions that support both everyday needs and industrial processes. Additionally, Australian Gas Infrastructure Group is committed to evolving its business towards renewable gas initiatives, reflecting a strategic emphasis on adapting to changing energy demands and sustainability goals.

TagEnergy

Debt Financing in 2023
TagEnergy is a clean energy enterprise for a new cycle in the renewable energy industry. It was formed in 2019 to accelerate the energy transition by developing and investing in competitive and clean power stations in order to compete directly and actively on the energy markets. Renewables have now become the main source of energy able to provide both social responsibility and price efficiency, and we are delivering this in the countries where we have established our activity. ​TagEnergy is operated by a highly-experienced team of manager-shareholders. Its operations span the renewables value chain, from development, financing, construction and asset management of wind, solar and storage projects, to commercialisation of its competitive energy. TagEnergy has developed a portfolio of 2.7GW in the UK, Australia, Spain, Portugal and France, and intends to drive the pace of transition through projects that deliver reliable energy affordably, and at scale.

Neoen

Post in 2022
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.

Powerlink Queensland

Venture Round in 2022
Powerlink Queensland provides high voltage electricity transmission services.

Gridcog

Seed Round in 2022
Gridcog is a software company specializing in energy transition planning. Its intelligent platform optimizes multi-market, multi-site, and multi-asset energy projects, supporting the development of efficient, renewable, zero-carbon communities through solar power, storage solutions, heat pumps, and electric vehicle charging.

Wattwatchers

Series B in 2021
Wattwatchers is a digital energy technology company that provides a low-cost network for energy management in homes and businesses. The company offers a suite of Class 1, all-IP metering and monitoring devices, along with co-developed software interfaces and cloud service management tools. Its systems can be installed in various configurations and operate in real-time, independent of utility infrastructures. The Wattwatchers AUDITOR series includes internet metering devices available in 3G and WiFi versions, designed to integrate seamlessly with alternative IoT communication platforms such as LoRaWAN. By enabling real-time observation and control of electricity consumption, Wattwatchers helps users identify and manage power-hungry devices, ultimately leading to reduced electricity bills and enhanced energy efficiency.

TransGrid

Debt Financing in 2021
TransGrid owns, operates, and manages the high-voltage electricity transmission network that links generators, distributors, and end users in New South Wales and the Australian Capital Territory. The network comprises overhead lines, underground cables, substations, interconnectors to Victoria and Queensland, and fibre telecommunications. It serves households and businesses while underpinning the National Energy Market on Australia’s east coast by enabling energy trading and access to cost-effective generation. By maintaining a reliable transmission backbone, TransGrid supports the transition to cleaner energy and ensures uninterrupted power supply to end users.

Neoen

Post in 2021
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.

Gridcog

Pre Seed Round in 2020
Gridcog is a software company specializing in energy transition planning. Its intelligent platform optimizes multi-market, multi-site, and multi-asset energy projects, supporting the development of efficient, renewable, zero-carbon communities through solar power, storage solutions, heat pumps, and electric vehicle charging.

TransGrid

Debt Financing in 2020
TransGrid owns, operates, and manages the high-voltage electricity transmission network that links generators, distributors, and end users in New South Wales and the Australian Capital Territory. The network comprises overhead lines, underground cables, substations, interconnectors to Victoria and Queensland, and fibre telecommunications. It serves households and businesses while underpinning the National Energy Market on Australia’s east coast by enabling energy trading and access to cost-effective generation. By maintaining a reliable transmission backbone, TransGrid supports the transition to cleaner energy and ensures uninterrupted power supply to end users.

Acciona

Debt Financing in 2018
Acciona is a leading Spanish corporation specializing in sustainable solutions for infrastructure and renewable energy projects. Established over a century ago, it employs more than 30,000 people and operates in over 30 countries across five continents. The company is structured into two main divisions: energy and infrastructure. The energy division emphasizes renewable technologies, focusing on wind, solar, hydro, and biomass, while the infrastructure division includes construction, water treatment, and various service lines. Acciona undertakes projects through government concessions or independent opportunities, ensuring a commitment to sustainability through its Sustainability Master Plan, which aims to facilitate the transition to a low-carbon economy by optimizing resource use and minimizing environmental impact.

Wattwatchers

Series A in 2017
Wattwatchers is a digital energy technology company that provides a low-cost network for energy management in homes and businesses. The company offers a suite of Class 1, all-IP metering and monitoring devices, along with co-developed software interfaces and cloud service management tools. Its systems can be installed in various configurations and operate in real-time, independent of utility infrastructures. The Wattwatchers AUDITOR series includes internet metering devices available in 3G and WiFi versions, designed to integrate seamlessly with alternative IoT communication platforms such as LoRaWAN. By enabling real-time observation and control of electricity consumption, Wattwatchers helps users identify and manage power-hungry devices, ultimately leading to reduced electricity bills and enhanced energy efficiency.

Wattwatchers

Series A in 2017
Wattwatchers is a digital energy technology company that provides a low-cost network for energy management in homes and businesses. The company offers a suite of Class 1, all-IP metering and monitoring devices, along with co-developed software interfaces and cloud service management tools. Its systems can be installed in various configurations and operate in real-time, independent of utility infrastructures. The Wattwatchers AUDITOR series includes internet metering devices available in 3G and WiFi versions, designed to integrate seamlessly with alternative IoT communication platforms such as LoRaWAN. By enabling real-time observation and control of electricity consumption, Wattwatchers helps users identify and manage power-hungry devices, ultimately leading to reduced electricity bills and enhanced energy efficiency.

Epuron

Debt Financing in 2015
Epuron, established in 2003, is an Australian company based in Sydney that specializes in the development of renewable energy projects. It offers a range of services, including pre-construction planning, development, resource monitoring, and assessment, primarily focusing on wind and solar energy sectors. Epuron caters to diverse clients within the renewable energy industry, such as landowners, utilities, industrial partners, and other development companies.

Neoen

Debt Financing in 2015
Neoen is an independent renewable energy company that develops, finances, builds, and operates power plants based on solar, wind, and biomass sources across France, Portugal, Australia, Mexico, Egypt, and El Salvador. It also supports photovoltaic project developers globally.

Epuron

Debt Financing in 2014
Epuron, established in 2003, is an Australian company based in Sydney that specializes in the development of renewable energy projects. It offers a range of services, including pre-construction planning, development, resource monitoring, and assessment, primarily focusing on wind and solar energy sectors. Epuron caters to diverse clients within the renewable energy industry, such as landowners, utilities, industrial partners, and other development companies.

Meridian Energy

Debt Financing in 2013
Meridian Energy is a New Zealand-based power company that generates and retails electricity primarily through renewable sources such as hydro, wind, and solar. It serves residential, business, and industrial customers under the Meridian and Powershop brands.
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