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April 2014

April 24, 2014

Funding boost for green property upgrades

In a boost for those undertaking ‘green’ commercial property upgrades, $80 million in funding for Environmental Upgrade Agreements (EUAs) has been committed by The Australian Environmental Upgrade Fund (TAEUF).The fund, a partnership between Commonwealth authority Clean Energy Finance Corporation (CEFC), National Australia Bank (NAB) and Eureka Funds Management (EFM), says EUA finance is linked to the property rather than the owner, allowing capital to be accessed at a competitive rate and for a longer term.

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