Clean Energy Finance Corporation launches A$100 million for new Australian Bioenergy Fund

In Australia, the Clean Energy Finance Corporation (CEFC) is aiming to accelerate investment in Australia’s bioenergy sector through a A$100 million cornerstone commitment to the new Australian Bioenergy Fund.

The Australian Bioenergy Fund will support investment in a broad range of projects seeking to produce energy from agricultural, council, forestry and mining waste streams. It is aiming raise more than $200 million in equity and will be managed by the Foresight Group (Foresight).

The Australian Bioenergy Fund will invest in a range of technologies including:

  • energy from waste
  • anaerobic digestion
  • sustainably sourced biomass-to-energy projects
  • landfill gas capture
  • wood pelletisation (where forestry plantation waste is converted into pellets that can be burned as fuel)
  • the production of biofuels.
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