Renewable energy finance
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
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 sourced the equivalent of 100% of its Australian direct electricity demand from renewables from April 20231.
Renewable energy insights on Westpac IQ
Uncertainty driven by plummeting prices formed the prevailing theme for Australia’s critical minerals sector in early 2024, but – by contrast – the long-term outlook continues to be particularly bright.
Pressure testing Australia’s hydrogen dream
Enough of the dreaming, it’s time for tangible policies and action on Australia’s plans to develop a green hydrogen industry, says Westpac’s Head of Energy, Infrastructure and Resources David Scrivener.
Offshore wind: Turning on renewable energy’s next generation
A global market is booming, and developers and investors are eyeing the huge potential of Australia’s world class offshore wind resources as the nascent industry starts to move ahead.
Things you should know
- On track to achieve 100% renewables outcome for our direct operations. 95% of this supply is expected to be sourced from within the markets the electricity is consumed. We will continue to identify opportunities to lift local sourcing to 100%, to include our Fiji and PNG businesses.
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 our latest presentation and results (PDF 5MB).
Westpac Institutional Bank is a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714. 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.