Global Trade Alert
Global Trade Alert

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Australia: CEFC invests AUD 125 million in TransGrid Services

Description

On November 26th, 2020, the Australian Clean Energy Finance Corporation (CEFC) will invest AUD 125 million (USD 92.3 million) in TransGrid Services as a way to move forward with the Snowy 2.0 pumped h...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Nov 2020

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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