Clean Energy Finance, an Australian Government-owned Green Bank, completed the $20m investment in Splend, an urban transit services company. “Decarbonising Australia’s car fleet and transitioning fleet vehicles to EVs represent an important opportunity to further accelerate the decarbonisation of the transport sector. High kilometre drivers like those in the rideshare services industry can lead the electrification of Australia’s transport sector, which will also require increased investment in our charging infrastructure to meet demand as momentum in the transition to EVs builds," Ian Learmonth, CEFC CEO.