The new Chair and Directors announced for the Clean Energy Finance Corporation (CEFC) Board today will provide the strong leadership necessary to ensure the organisation continues to make innovative and profitable investments, the Clean Energy Council said.

Clean Energy Council Chief Executive Kane Thornton welcomed the appointment of Steven Skala as Chair – who is also the Vice Chair of Deutsche Bank – along with Leeanne Bond, Samantha Tough and Nicola Wakefield Evans.  

“These new appointments bring extensive experience in the corporate and finance sectors to ensure continued good governance of the CEFC,” Mr Thornton said.  

“The CEFC is playing an integral role in providing market stability and driving down the cost of clean energy, and it is good that these new appointments have been made in a timely manner to ensure continuity of leadership.

“There is no question that the unprecedented $8 billion in investment that has been committed to renewable energy projects would not have been possible without the astute investments the CEFC has made over the last few years. The organisation has committed almost $2.1 billion in funding over the first six months of 2017 alone.

“It is important to recognise the pioneering contribution of the CEFC’s outgoing Chief Executive Oliver Yates, whose vision and obvious passion for the job has been an essential part of its success to date. Mr Yates worked closely with the outgoing Chair Jillian Broadbent, whose experience and leadership  oversaw the establishment and initial development of the CEFC.

“We should not underestimate the challenge of setting up a completely new institution which has been able to invest funds in emerging clean energy at commercial rates of return for taxpayers. In this, the CEFC has proven to be an outstanding success.

“It is also great to see a strong commitment to gender diversity in governance with the new appointments. The clean energy industry is very much looking forward to working with Ian Learmonth as the new CEO, as well as the new Chair and the refreshed board.”

Please contact Clean Energy Council Media Manager Mark Bretherton on 0413 556 981 for more information or to arrange an interview.