The modern fund will receive the money over a decade from the $10bn in borrowings already allocated to the Clean Energy Finance Corporation The Turnbull government is setting up a modern $1bn clean energy fund alongside the Clean Energy Finance Corporation to lend to,or take an fairness stake, in emerging technologies.
The fund – to be called the Clean Energy Innovation Fund – will receive $1bn over 10 years from the $10bn in borrowings already allocated to the CEFC. Continue reading...
Source: theguardian.com