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Global Trade Alert

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Australia: CEFC supports Capital Battery with AUD 35.5 million

Description

On 5 October 2022, the CEFC announced the granting of AUD 35.5 million (approx. USD 22.9 million) to Capital Battery. The support is towards a 100 MW capital battery which will among others store up ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Oct 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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