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Ampol

CEFC puts $100m towards decarbonising transport

A $100 million investment from the Clean Energy Finance Corporation (CEFC) to help decarbonise the emissions-intensive transport sector will harness Ampol’s infrastructure, expertise, workforce and supply chain networks.

Federal boost for EV rentals and second-hand market

The Australian Renewable Energy Agency (ARENA) has announced $4.76 million in funding from the federal government’s Driving the Nation Program to Europcar Mobility Group for the ‘Electric Rental Vehicle and Charging Infrastructure Rollout’ project.Europcar will install 256 chargers across at least 41 sites around Australia, including airports, metropolitan hubs and regional locations, to support the deployment of around 3100 electric passenger rental vehicles over the next three years.The project will make electric vehicles more accessible to thousands of individual and business customers for rent at price points comparable to fossil fuel vehicles, introducing more Australians to EVs who may be reluctant to give them a go.

Ampol reports strong earnings

Coffee, snacks, beverages and confectionery along with fuel sales have helped Ampol’s half yearly results for 2023. Ampol reports first half 2023 group replacement cost operating profit (RCOP) earnings before interest and tax (EBIT) of A$576.3 million.

Ampol progresses EV charging, energy and decarbonisation

Ampol believes it’s well placed to deliver its future energy and decarbonisation strategies. The company has released its 2023 Climate Report providing an overview of how it’s going from May 2021 to May 31, 2023, and aligned with the Task Force on Climate-related Financial Disclosures (TCFD) framework.