Australia's Clean Energy Finance appoints new CEO
Share
- The Clean Energy Finance Corporation has appointed insider Paul McCartney as its new CEO, effective Sept. 18.
- The appointment maintains strategic continuity across Australia's largest government-backed green investment portfolio.
- McCartney will lead the next phase of clean energy deployment as the organisation expands its portfolio beyond $33 billion.
The Clean Energy Finance Corporation appointed 12-year executive Paul McCartney as CEO to lead its $33 billion fund.
McCartney succeeds retiring leader Ian Learmonth, who grew available capital from $33 billion since 2017.
"Paul has been a strong advocate for the CEFC's role in accelerating investment," said Clean Energy Finance Corporation Chairman Steven Skala.
The entity stated that lifetime commitments exceed $98 billion.
The green bank manages specialised capital programmes, including the $19 billion Rewiring the Nation fund for grid infrastructure.
McCartney will step into the CEO role on Sept. 18 as Learmonth completes his transition.
Frequently asked questions
More from Australia
American Tungsten completes Nexus acquisition for Pinnacle MOU
Butn extends MYOB invoice financing agreement to 2027
Celsius Resources updates market on US$5M dispute
Estrella Resources signs sales deal for 27,000 tonnes
McPherson's reports $20.3M full year net loss
Novatti reaches €1.2B quarterly transaction volume