The Clean Energy Finance Corporation's new CEO Paul McCartney has outlined his priorities for the green bank, explicitly ruling out support for data centres. McCartney's focus will be on wind energy and transport infrastructure projects, signaling a strategic shift away from funding digital infrastructure. The announcement comes as the CEFC refines its investment approach under new leadership, with McCartney emphasizing traditional renewable energy sectors over the growing demand for data centre power consumption.
Source: Infrastructure Investor · Summarized by HeadlinesBriefing