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CEFC, $11b Goldman Sachs fund will invest in low-carbon developments

Michael Bleby

The Clean Energy Finance Corporation will co-invest with capital from a $US7 billion ($11 billion) Goldman Sachs fund to offer construction debt to Australian residential and office projects that measure their whole-lifecycle carbon footprint and disclose the efforts to mitigate those emissions.

The federal government’s green bank will co-invest $160 million alongside funds from the Real Estate Credit Partners IV (RECP IV) fund, one of a growing pool of funds investing under governance principles of the European Union’s Sustainable Finance Disclosure Regulation.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/commercial/cefc-11b-goldman-sachs-fund-will-invest-in-low-carbon-developments-20250313-p5ljak