Australian rooftop solar financier issues another AU$50 million climate bond

March 29, 2017
Facebook
Twitter
LinkedIn
Reddit
Email
The Clean Energy Finance Corporation (CEFC) made a cornerstone commitment of AU$20 million to the bond. Credit: CEFC

Financial services group FlexiGroup, whose subsidiary Certegy Ezi-Pay finances rooftop solar, has issued a AU$50 million (US$38 million) climate bond, which has been certified by the global Climate Bonds Initiative (CBI).

The Clean Energy Finance Corporation (CEFC) made a cornerstone commitment of AU$20 million to the bond.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

This is only the second climate-certified issue of a bond backed by securitised assets in Australia, with FlexiGroup issuing a very similar bond back in April 2016.

CEFC debt markets lead Richard Lovell said: “FlexiGroup achieved tighter pricing on this climate bond, which shows investors were prepared to pay a 'green premium'.  This is a strong market signal which will assist in accelerating the development of a more varied and flexible green bond market in Australia.”

The bond is backed by consumer receivables originated through FlexiGroup's wholly-owned subsidiary Certegy Ezi-Pay, which has financed more than 120,000 solar PV rooftop installations.

Lovell added: “There is clearly a global trend toward investment in green bonds. Our investment support for the FlexiGroup climate bond is part of our strategy to ensure that Australia's clean energy sector can tap into this burgeoning source of capital, and that investors with a socially responsible mandate have the opportunity to participate.”

Read Next

October 15, 2025
The Australian government has approved the 141MW Forbes Solar Farm Project in New South Wales in just 19 days, marking one of the fastest environmental approvals on record in the country.
October 15, 2025
Australia has opened registrations for Capacity Investment Scheme (CIS) Tender 7, which targets 5GW of renewable energy generation capacity across the National Electricity Market (NEM).
October 10, 2025
Australia's renewable energy sector recorded its slowest month of the year for additions in September, with 5.8GW of new projects added to development pipelines, according to data from Rystad Energy.
October 9, 2025
The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.
October 8, 2025
The NSW Independent Planning Commission has granted planning approval for Potentia Energy's 500MW Tallawang solar-plus-storage project.
Premium
October 8, 2025
PV Talk: Smart Energy Council's Nigel Morris reflects on how Australia has become a global testbed for distributed solar and storage innovation.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK