It's the fact that inflation is out of control all over the world including Australia, Interest rates are increasing every month and it's harder to secure finance. Another problem was the market in Australia around Bioenergy and Biogas were uneducated so it look some time to reassure were the money would actually be going and projects will be profitable.
Realistically $100m would be fine for SA1, QLD1, NSW1, NSW2 ($26.5 + $33M + $12.5M + 12.5M) That's all they really need to focus on right now and they can build from there, expand as they profit from each project and get more cash. VIC1 already paid for too. You also have to take into account the x amount of funding we'll potentially receive from Arena and Government bodies.
Labors climate change bill is set to pass to reduce Australia’s emissions by 43 per cent by 2030 in law. This is huge news because an influx of renewable investments will flood into the market here in Australia. (As I can see as it happened it has passed)
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