CEFC invests to construct more storage and wind with Neoen in South Australia

The Clean Energy Finance Corporation (CEFC) is increasing support for key assets in Australia’s clean energy transition, committing $99 million to the second part of Neoen Goyder South Stage 1 Wind Farm and the Blyth Battery in South Australia. The investment will support the construction of 203 MW of renewable energy generation and 238.5MW / 477MWh of battery storage. The project will support Australian manufacturing, with the installation of wind turbine anchor cages manufactured in Sydney by Allthread Industries using Australian steel. Neoen, one of the world’s leading independent producers of exclusively renewable energy, will own and operate the development. The CEFC investment is alongside KfW IPEX-Bank, Westpac, ING and Mizuho in a further demonstration of the impact of CEFC capital in attracting international finance to the development of Australian clean energy assets.