Wesfarmers has secured a $100 million financing package from the Clean Energy Finance Corporation (CEFC) to support an acceleration of decarbonisation activities across some of its divisions.
The financing package supports Wesfarmers investment in measure which increase the use of renewable energy across the Group, with an initial focus on Bunnings Group, Officeworks and WesCEF.
At Bunnings and Officeworks, the facility will support measures such as rooftop solar, battery storage and energy efficiency initiatives. These strategies will allow stores to more effectively manage their energy consumption and energy efficiency while also facilitating renewable energy generation and storage.
“We welcome the support of the Clean Energy Finance Corporation to undertake these important decarbonisation activities,” Wesfarmers Chief Financial Officer Anthony Gianotti said.
“We have long managed our businesses with climate and carbon awareness and we are committed to continuing to take action to reduce our impact on the environment. We are proud to be working again with the CEFC to accelerate these activities.”
For more information:
Media
Rebecca Keenan
Media and Public Affairs Manager
+61 8 9327 4423 or +61 402 087 055
RKeenan@wesfarmers.com.au