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Energy costs remains a substantial factor to a businesses bottom line.
The Clean Energy Finance Corporation has launched a fund of $120 million through the National Australia Bank,
with interest rates that are 0.7 of a per cent lower than its standard rate.
Agribusinesses can apply for loans of up to $5 million to install solar
panels, buy hybrid vehicles, upgrade refrigerators or install dual speed
irrigation pumps. Oliver Yates, chief executive of the government-backed
Clean Energy Finance Corporation (CEFC), said the co-finance
arrangement was the second of its type, after the Commonwealth Bank last year made $100 million available for
energy efficiencies. “A business or organisation that takes energy efficiency measures seriously, shows that they are
serious about running a profitable and highly productive business and organisation, with the added benefit of
reducing their emissions,” said CEFC CEO Oliver Yates.
See Fact Sheet