financing street lighting projects
FINANCING STREET LIGHTING PROJECTS Presented by Melanie Madders MARCH 2017
CONTENTS 1.
About the CEFC
2.
Financing Street Lighting
ABOUT THE CEFC • • • •
• • • •
A unique mix of finance and clean energy experts Proven track record in clean energy investment Independent government organisation National focus
Finance for cleaner power solutions and a better built environment $10 billion capital Innovative finance, including debt and equity Private sector expertise with a public policy purpose
INVESTING ACROSS THE ECONOMY We invest in businesses and projects which develop or commercialise clean energy technologies, as well as businesses that supply the goods and services needed to develop and commercialise clean energy technologies.
CLEANER POWER SOLUTIONS
A BETTER BUILT ENVIRONMENT
LARGE SCALE SOLAR
PROPERTY AND MANUFACTURING
WIND
INFRASTRUCTURE AND TRANSPORT
WASTE, BIOENERGY AND AGRICULTURE
GOVERNMENT AND UNIVERSITIES
GRID AND STORAGE SOLUTIONS
SOCIAL HOUSING
NEW SOURCES OF CAPITAL
CEFC DIRECT
DEBT MARKETS
Our direct investments can include both debt products and equity investments, or a combination of both.
We have supported green bonds and securitised vehicles in the debt markets. We also work with cofinanciers to support smallscale investment opportunities.
INVESTMENT FUNDS
INNOVATION FUND
We invest in major clean energy projects together with other investment funds in order to catalyse investment into the sector.
We invest in innovative technologies and businesses that will benefit from growth or early stage capital.
SUSTAINABLE CITIES INVESTMENT PROGRAM Up to $1 billion over 10 years to be invested to make cities more: • Productive
• Accessible • Liveable Investments in: • Renewable energy • Low emissions technology
• Energy Efficiency
WE UNDERSTAND STREET LIGHTING •
Single largest source of local governments’ greenhouse gas emissions
•
Typically accounting for 30 to 60 per cent of council emissions
BENEFITS OF UPGRADING
Reduced energy costs Reduced greenhouse gas emissions Improved urban amenity and safety Smart Controls – enabling the cities for the future Reduced operating and maintenance costs
FINANCING FOR STREET LIGHTING PROGRAMS CEFC SUPPORTS AUSTRALIAN COUNCILS AND BUSINESSES TO DELIVER ON THEIR CLEAN ENERGY GOALS.
Financing is available to provide upfront capital CEFC can lend to groups of councils, distributors, private sector Long tenor and large scale programs
Fixed rate loans
We will work with you to develop the loan structure for the program
WHY USE DEBT? CAPITAL FUNDING
Debt provides the upfront capital funding, and stretches the repayment out over a period of years
CASHFLOW NEUTRAL
Debt (P+I) often repaid from the forecast cost savings
HISTORICALLY LOW BASE RATES
Good time to take advantage of debt while rates are low and can be fixed for the long term
LIABILITY MATCHING
Cost reduction benefits continue after the debt is repaid
COUNCILS INVESTING IN ENERGY EFFICIENCY Energy from waste - to create an energy source from council waste, reducing both landfill and energy costs
Rooftop solar PV on council buildings - to provide a renewable energy source using the council’s own assets
Street lighting upgrades
Building upgrades
– to reduce energy, operating and maintenance costs, cut greenhouse gas emissions, and improve urban amenity and safety
- to improve energy efficiency through a broad range of options, reducing energy costs
Leisure and Aquatic Centres
Electric and low emissions vehicles
- to address these high energy users, with better heating, ventilation and air conditioning solutions and renewable energy resources
- to lower council fuel bills at the same time as lowering emissions; can include related infrastructure such as charging stations
FOR MORE INFORMATION Melanie Madders Associate Director - Investments [email protected] +61 7 3188 1634
CLEAN ENERGY FINANCE CORPORATION t. 1300 002 332 i. +61 2 8039 0800 e. [email protected] cefc.com.au
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CONTENTS 1.
About the CEFC
2.
Financing Street Lighting
ABOUT THE CEFC • • • •
• • • •
A unique mix of finance and clean energy experts Proven track record in clean energy investment Independent government organisation National focus
Finance for cleaner power solutions and a better built environment $10 billion capital Innovative finance, including debt and equity Private sector expertise with a public policy purpose
INVESTING ACROSS THE ECONOMY We invest in businesses and projects which develop or commercialise clean energy technologies, as well as businesses that supply the goods and services needed to develop and commercialise clean energy technologies.
CLEANER POWER SOLUTIONS
A BETTER BUILT ENVIRONMENT
LARGE SCALE SOLAR
PROPERTY AND MANUFACTURING
WIND
INFRASTRUCTURE AND TRANSPORT
WASTE, BIOENERGY AND AGRICULTURE
GOVERNMENT AND UNIVERSITIES
GRID AND STORAGE SOLUTIONS
SOCIAL HOUSING
NEW SOURCES OF CAPITAL
CEFC DIRECT
DEBT MARKETS
Our direct investments can include both debt products and equity investments, or a combination of both.
We have supported green bonds and securitised vehicles in the debt markets. We also work with cofinanciers to support smallscale investment opportunities.
INVESTMENT FUNDS
INNOVATION FUND
We invest in major clean energy projects together with other investment funds in order to catalyse investment into the sector.
We invest in innovative technologies and businesses that will benefit from growth or early stage capital.
SUSTAINABLE CITIES INVESTMENT PROGRAM Up to $1 billion over 10 years to be invested to make cities more: • Productive
• Accessible • Liveable Investments in: • Renewable energy • Low emissions technology
• Energy Efficiency
WE UNDERSTAND STREET LIGHTING •
Single largest source of local governments’ greenhouse gas emissions
•
Typically accounting for 30 to 60 per cent of council emissions
BENEFITS OF UPGRADING
Reduced energy costs Reduced greenhouse gas emissions Improved urban amenity and safety Smart Controls – enabling the cities for the future Reduced operating and maintenance costs
FINANCING FOR STREET LIGHTING PROGRAMS CEFC SUPPORTS AUSTRALIAN COUNCILS AND BUSINESSES TO DELIVER ON THEIR CLEAN ENERGY GOALS.
Financing is available to provide upfront capital CEFC can lend to groups of councils, distributors, private sector Long tenor and large scale programs
Fixed rate loans
We will work with you to develop the loan structure for the program
WHY USE DEBT? CAPITAL FUNDING
Debt provides the upfront capital funding, and stretches the repayment out over a period of years
CASHFLOW NEUTRAL
Debt (P+I) often repaid from the forecast cost savings
HISTORICALLY LOW BASE RATES
Good time to take advantage of debt while rates are low and can be fixed for the long term
LIABILITY MATCHING
Cost reduction benefits continue after the debt is repaid
COUNCILS INVESTING IN ENERGY EFFICIENCY Energy from waste - to create an energy source from council waste, reducing both landfill and energy costs
Rooftop solar PV on council buildings - to provide a renewable energy source using the council’s own assets
Street lighting upgrades
Building upgrades
– to reduce energy, operating and maintenance costs, cut greenhouse gas emissions, and improve urban amenity and safety
- to improve energy efficiency through a broad range of options, reducing energy costs
Leisure and Aquatic Centres
Electric and low emissions vehicles
- to address these high energy users, with better heating, ventilation and air conditioning solutions and renewable energy resources
- to lower council fuel bills at the same time as lowering emissions; can include related infrastructure such as charging stations
FOR MORE INFORMATION Melanie Madders Associate Director - Investments [email protected] +61 7 3188 1634
CLEAN ENERGY FINANCE CORPORATION t. 1300 002 332 i. +61 2 8039 0800 e. [email protected] cefc.com.au
Select the presenter in your schedule and click resource
Click on Rate this session
Rate presenter, content and overall presentation and click Done.
