Clean Energy Finance Corporation

The Clean Energy Finance Corporation invests, applying commercial rigour, to increase the flow of finance into the clean energy sector. Their mission is to accelerate Australia's transformation towards a more competitive economy in a carbon constrained world, by acting as a catalyst to increase investment in emissions reduction. They do this through an investment strategy focused on cleaner power solutions, including large and small-scale solar, wind and bioenergy; and a better built environment, with investments to drive more energy efficient property, vehicles, infrastructure and industry. The CEFC also invests with co-financiers to develop new sources of capital for the clean energy sector, including climate bonds, equity funds, aggregation facilities and other financial solutions. The CEFC operates under the Clean Energy Finance Corporation Act 2012.

Gloria Chan

Executive Director

Ian Learmonth

CEO

Rory Lonergan

Chief Investment Officer - Alternatives

Melanie Madders

Director

Monique Miller

Chief Investment Officer

Michael Di Russo

Director - Head of Property

Bobby Vidakovic

Executive Director

Past deals in Energy Storage

Relectrify

Series A in 2021
Relectrify specializes in advanced battery control solutions that enhance the longevity and cost-effectiveness of battery storage systems. The company’s technology includes cell-level battery management and inverter systems, which are applicable to various energy storage applications, including residential, industrial, and grid-based solutions. By utilizing both second-life and new batteries, Relectrify aims to make energy storage more affordable and sustainable. Their offerings encompass hardware electronics that manage power flows within battery packs, embedded software algorithms that optimize the operation of this hardware, and data analytics for performance monitoring. Through these innovations, Relectrify supports industries in achieving optimal battery performance and lifespan.

Relectrify

Series A in 2020
Relectrify specializes in advanced battery control solutions that enhance the longevity and cost-effectiveness of battery storage systems. The company’s technology includes cell-level battery management and inverter systems, which are applicable to various energy storage applications, including residential, industrial, and grid-based solutions. By utilizing both second-life and new batteries, Relectrify aims to make energy storage more affordable and sustainable. Their offerings encompass hardware electronics that manage power flows within battery packs, embedded software algorithms that optimize the operation of this hardware, and data analytics for performance monitoring. Through these innovations, Relectrify supports industries in achieving optimal battery performance and lifespan.

Redback Technology

Series A in 2017
Redback Technology specializes in the development, manufacture, and marketing of solar and battery storage solutions tailored for residential and commercial applications. Founded in 2015 and based in Indooroopilly, Australia, the company offers integrated hardware and software technologies designed to capture, store, and manage solar energy effectively. Its advanced inverter hardware features power electronics and cloud system control, enabling users to analyze and manage their energy generation and consumption in real-time. Redback Technology's solutions provide an efficient and cost-effective means for homes and small businesses to harness solar energy, ensuring a swift return on investment. The emphasis on quality and streamlined design facilitates rapid integration and reduces installation costs, making solar energy more accessible to a broader audience.

Relectrify

Seed Round in 2017
Relectrify specializes in advanced battery control solutions that enhance the longevity and cost-effectiveness of battery storage systems. The company’s technology includes cell-level battery management and inverter systems, which are applicable to various energy storage applications, including residential, industrial, and grid-based solutions. By utilizing both second-life and new batteries, Relectrify aims to make energy storage more affordable and sustainable. Their offerings encompass hardware electronics that manage power flows within battery packs, embedded software algorithms that optimize the operation of this hardware, and data analytics for performance monitoring. Through these innovations, Relectrify supports industries in achieving optimal battery performance and lifespan.
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