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Media Release

Commonwealth Bank lights up Adelaide Oval with energy efficient upgrades

CBA helps light up Adelaide test series

Adelaide Oval has unveiled state-of-the-art and energy efficient audio visual equipment, with financing from the Commonwealth Bank and the CEFC

Video: Adelaide Oval Stadium Management Authority

Thursday, 23 November 2017: Ahead of its first-ever day-night Test Series match next month, Adelaide Oval has unveiled state-of-the-art, energy efficient lighting and audio visual equipment, with finance provided by the Commonwealth Bank and the Clean Energy Finance Corporation (CEFC).

The equipment upgrade involves the installation of 220 energy-efficient sports LED lights, atmospheric feature LEDs with coloured lighting making fan colours possible, high-definition ribbon boards to provide crisp viewing displays, and audio visual production equipment.

The state-of-the-art lighting and sound upgrades are expected to reduce energy consumption by between 15 and 35 per cent.

Commonwealth Bank has provided the finance for the equipment upgrades under the CBA and CEFC Energy Efficient Equipment Finance (EEEF) joint program which helps businesses fund energy efficient vehicles, equipment and projects.

Commonwealth Bank has been a corporate partner to Adelaide Oval since 2012, as well as being naming rights sponsor of the Commonwealth Bank RoofClimb at Adelaide Oval.

Adelaide Oval Stadium Management Authority Chief Executive Officer Andrew Daniels said: “As promised the SMA has delivered this substantial technical upgrade in time for the upcoming Ashes Test Match, which presents a fantastic opportunity to showcase our new sound and lighting capabilities to a global audience.

“The SMA is committed to solidifying our reputation as a global innovator through ongoing investment in our facilities and we are fortunate to have a wonderful relationship with the Commonwealth Bank that allows us to do so,” Mr Daniels said.

Todd Roberts, Commonwealth Bank General Manager, Institutional and Corporate Banking SA & NT, said: “We’re proud to continue supporting Adelaide Oval as a lender and partner, and we congratulate them on delivering a truly outstanding world-class game experience for fans.

“When we met with Andrew from Adelaide Oval earlier this year to look at upgrading their assets before the Test Series, we were delighted to inform them about our program with the CEFC and how it benefits our clients, and work with them to ensure their plans and assets would qualify.

“Finding simple ways to improve energy efficiency is a win-win for our business customers, as it allows them to reduce their environmental impacts and ongoing costs, so they can focus on running their business,” Mr Roberts said.

In South Australia, Commonwealth Bank has approximately 65,000 small business customers, and under the EEEF, has provided $24.7 million in lending for South Australian businesses since the program was launched.