RENEWABLE ENERGY

Growing interest from investors has underpinned the rapid development of the renewables sector, a key industry conference has been told.

When Australia’s first green residential mortgage-backed securities (RMBS) tranche was issued by NAB in February 2018, it was an exciting development for the sustainable debt market in its own right. The transaction also marks another step in the process of unlocking the bank’s balance sheet for sustainable lending and borrowing.

Major Australian organisations are now directly investing in large-scale renewable energy projects through the new NAB Low Carbon Shared Portfolio, the first of its kind in Australia.

The Low Carbon Shared Portfolio is the first of its kind in Australia.

Breaking into the Australian renewable energy market with a new mode of financing was a great challenge and a golden opportunity for Goldwind. Three deals later, the company’s aiming to power one million Australian homes.

This week NAB’s 100th green energy project provides funding for the Crowlands Wind Farm project in Western Victoria.

NAB has debuted several innovative green and social bonds in recent years. In this article we go behind the scenes to find out how a new, green investment product reaches the market.

*Launch of world-first low carbon shared portfolio backing renewable energy*.

As Australia moves beyond the mining boom, we need to secure new sources of growth to ensure our future prosperity.