Global Trade Alert
Global Trade Alert

Australia: Electricity company NEOEN receives AUD 166 million from governmental institutions

Announcement

01 Feb 2017

The Australian government-funded Clean Energy Finance Corporation and the Australian Renewable Energy Agency allocated a total of AUD 166 million to electricity producer NEOEN to finance three solar farm projects in New South Wales.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Feb 2017

Revocation date:

No revocation date

Updated: 01 Feb 2017
Financial grant In force
<p>Also on 1 February 2017, the Australian Renewable Energy Agency (ARENA) allocated AUD 16 million (USD 12 million) grant to NEOEN&nbsp;to support the development of three solar farms locat...
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Updated: 01 Feb 2017
State loan In force
<p>On 1 February 2017, the Clean Energy Finance Corporation (CEFC) of Australia announced the allocation of AUD 150 million (circa USD 113.5 million) to&nbsp;NEOEN to help develop three sola...
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