Renewable energy finance

Leading the way on financing Australia’s switch to renewables.
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Partners in powering the energy transition

Our deep knowledge of the energy sector informs our unique understanding of the switch to renewables. Customers look to us for insights, market commentary and analysis to support their transition targets and to structure innovative financial solutions.

Energy generation

Financing the development of a clean energy future.

Creating networks

Rewiring the nation by financing the infrastructure that underpins energy transition.

Powering customers

Supporting the delivery of clean energy power to Australians businesses and households.

How we can help

We provide corporate finance expertise, including:

  • Project finance
  • Interest rate hedging 
  • Syndicated bank financing 
  • US private placement
  • Australian bonds
  • FX hedging 
  • Cross-currency derivatives
  • Transactional banking
  • Sustainable finance

Our credentials

  • The #1 greenfield renewable energy financier in Australia 1
  • Committed to supporting Australia’s Renewable Energy Zones
  • Lending to renewable solutions accounts for over 80% of our total electricity generation funding in Australia 2.

Westpac’s commitment to a low carbon future

With deep experience in the market and an enduring track record we are well advanced on our own pathway to net-zero. The bank is set to achieve its target to source the equivalent of 100 per cent of its electricity requirements in Australia from clean energy sources by 2024.

 

Renewable energy insights

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Carbon credit concept. Tradable certificate to drive industry and company in the direction of low emissions in efficiency cost. Wooden cubes with CO2, US dollars and carbon offsetting solution icons.

Counting the cost of carbon

Reforms to the nation’s Safeguard Mechanism are the latest tool in the Federal Government’s bid to achieve its 2030 and 2050 greenhouse gas emissions targets.

Read more

Hydrogen’s central role in decarbonising Australia’s economy

Australia’s gas distributors explain their transition plans for a green hydrogen future and what needs to change to make it happen.

Read more

Rising to the transition challenge

Given the global imperative to reach net-zero emissions, developing and implementing a robust transition presents an existential challenge for many organisations across Australia.

Read more

Industry contact

Jon Pooley
Executive Director, Energy

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Sustainability insights

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Things you should know
  1. Source: Westpac research, project websites and IJ Global League Tables as at 30 May 2023. 
  2. As at 31 March 2023.

Westpac Institutional Bank’s financing exposures are not limited to green and sustainable financing. For more details of Westpac Institutional Bank’s financing exposures please see westpac.com.au/investor-discussion-pack-FY22 (PDF 6MB).

Westpac Institutional Bank is a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714. This information is correct as at 5 June 2023.  This product is available only to wholesale clients within the meaning of s761G of the Corporations Act 2001. You should consider whether or not this product is appropriate for you. Terms and conditions apply. Copyright 2023 Westpac Banking Corporation.