CEFC approves $57m commitment

The Australian government-owned green bank has backed a PE fund.

Institution: Clean Energy Finance Corporation
Sydney, Australia
A$9.5 billion

Clean Energy Finance Corporation has agreed to commit A$80 million ($57 million; €50 million) to IFM Investors Private Equity Growth Partners Fund, according to a recent press release.

As shown below, the green bank’s recent private equity commitments have focused on venture capital/growth equity and buyout/corporate private equity strategies in Asia-Pacific.

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