The Clean Energy Finance Corporation (CEFC) says it has agreed to provide all the debt finance needs for what will be Victorias largest solar farm in a bid to accelerate the project, which it says will help bring stability and diversity to the states energy supply.
The CEFC says it will provide $98 million in debt finance towards the 88MW (AC) Bannerton Solar Park, which was last week sold to a consortium of equity investors led by the UK private investment manager Foresight Group.
The solar farm, which will be the biggest in the state to date, won a contract for the states tram network and will supply the state government with renewable energy certificates. It also has a contract…
Read the full article at: http://reneweconomy.com.au/cefc-provides-98-5m-debt-finance-to-victoria-solar-farm-73995/