The Sustainability Loan helps Queensland primary producers invest in renewable energy and energy efficiency projects that improve the long-term sustainability and profitability of their farming business. Delivered by QRIDA, this concessional loan program provides up to $1.3 million to support investments that reduce operating costs, improve energy performance and strengthen resilience through sustainable infrastructure.
Funding available
- Loans of up to $1.3 million
- Loan terms of up to 20 years
- Low fixed or variable interest rates
- Interest-only periods of up to 10 years may be available (subject to approval)
- No application or ongoing loan fees
Who is this for?
State: Queensland
Industry: Primary Production (including agriculture, grazing, horticulture, aquaculture, apiculture, forestry and commercial wild-catch fishing)
This loan is designed for Queensland primary producers looking to invest in renewable energy systems or energy efficiency upgrades that improve business sustainability and reduce long-term operating costs.
Eligibility:
You can apply if you:
- Operate a Queensland-based primary production business.
- Have been operating your business for at least two years.
- Have at least one person in the business who meets the definition of a primary producer.
- Have sound prospects for long-term commercial viability and the ability to service the loan.
- Meet the program’s eligibility requirements for sustainability projects.
What can the loan be used for?
The Sustainability Loan can help fund renewable energy and energy efficiency projects that improve the sustainability of your farming operation, including:
- Solar power systems.
- Energy-efficient refrigeration systems.
- Energy-efficient lighting upgrades.
- Energy-efficient pumps.
- Other eligible on-farm energy efficiency infrastructure.
- Renewable energy systems that help reduce energy consumption, operating costs and emissions.
These projects align closely with Northmore Gordon’s expertise in securing funding for renewable energy and energy efficiency initiatives across the agricultural sector.
Why invest in renewable energy?
Renewable energy and energy efficiency projects can help your business:
- Reduce electricity costs.
- Improve long-term profitability.
- Increase energy independence.
- Lower carbon emissions.
- Improve operational efficiency.
- Future-proof your farming business against rising energy costs.
Security requirements
Loans must be adequately secured, with security typically provided by a mortgage over land and, where applicable, other business assets such as water entitlements or livestock.
How to apply
If you’re planning a renewable energy or energy efficiency project, Northmore Gordon can assess your eligibility, identify eligible project costs, prepare the required financial documentation and manage your application from start to finish.
Contact Northmore Gordon today to discuss your renewable energy project and maximise your opportunity to secure concessional finance through the Sustainability Loan program.
