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Australia: Australian government invests AUD 1 billion in Grid Reliability Fund

Description

On October 30th, 2019, the Australian government announced the launch of an AUD 1 billion (circa USD 687.2 million) Grid Reliability Fund to be administrated by the Clean Energy Finance Corportation (...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Oct 2019

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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