The Clean Energy Finance Corporation hopes it may have a role to play under an Abbott government despite the coalition taking steps to dismantle the "green bank" on its first day in office.
The coalition has set about implementing its promise to wind back the government-owned body tasked with investing in clean energy.
Treasurer Joe Hockey has written to the CEFC requesting the cooperation of its board in suspending all further investments.
The Australian Greens slammed the move as illegal, claiming the coalition could not instruct the $10 billion CEFC to act against its legislated mandate.
The corporation has agreed not to approve any new investments but will continue meeting its existing legal and contractual obligations.
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The coalition has been upfront about its plans for the CEFC: Treasury has been instructed to start working on draft legislation to shut it down.
But CEFC head Oliver Yates has suggested the corporation could possibly be useful as the coalition shifts to its Direct Action climate change policy.
"The CEFC wishes to engage in consultations about the transition and looks forward to engaging with the new government concerning how its activities can best be supportive of their policy priorities under Direct Action," Mr Yates told AAP in a statement.
He hoped the legal obligations of all parties were met during any transition and "all efficiencies and opportunities available during this time are realised".
Australian Greens senator Richard Di Natale said the CEFC had been legislated to invest its funds and telling them to do otherwise without new laws in place showed a "complete disregard for the parliament".
"The fact that Tony Abbott believes he can instruct an independent statutory body to act against its legislated mandate ... shows arrogance and hubris," Senator Di Natale said in a statement.
The CEFC was set up under the Gillard government's carbon price package, and assigned $10 billion over five years to support renewable energy projects through loans, guarantees and equity investments.
The corporation said it had invested $500 million on projects worth $2 billion, meaning it had generated four times its own outlay, and had no adverse impact on government net debt.
Some advocates of clean energy have expressed concerns that investment and jobs in the sector will stall without the certainty of funds provided the CEFC.
But the Grattan Institute's energy specialist Tony Wood said he was never convinced of the policy rationale behind the CEFC.
"Investing public funding in wind farms, in some cases wind farms that already exist, didn't seem a particularly strong justification in good policy," he told AAP.
