Global Trade Alert
Global Trade Alert

Australia: CEFC allocates AUD 54 million to Genex Power Ltd

Announcement

14 Mar 2017

The Australian government-funded Clean Energy Finance Corporation allocated AUD 54 million to clean energy company Genex Power Ltd to finance two solar farm projects in North Queensland.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

14 Feb 2017

Revocation date:

No revocation date

State loan In force

On 14 February 2017, the Clean Energy Finance Corporation (CEFC) of Australia announced the allocation of AUD 54 million (USD 41 million) to Genex Power Ltd to finance an innovative large-scale solar ...

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Implementation date

14 Feb 2017

Revocation date:

No revocation date

Local value added incentive In force

The Clean Energy Finance Corporation financing is subject to the Australian Industry Participation (AIP) policy. This framework states that all programs enclosed in this policy must encourage the part...

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