Brief: Firstmac moves into green finance

Banking Day staff
  • A $50 million asset finance agreement between the Clean Energy Finance Corporation and Australian non-bank lender Firstmac has been announced. The two companies said the purpose was to accelerate business and personal adoption of low emissions and electric vehicles, as well as residential rooftop solar power and energy efficient equipment in buildings. CEFC said it was also working with other finance providers to support further investment in clean technology.