Global Trade Alert
Global Trade Alert

Australia: Private Australian consortia receive AUD 50 million from governmental institutions

Announcement

22 Mar 2018

Two Australian governmental bodies provided Edify Energy and Spotless Sustainability Services with AUD 50 million to finance two large-scale grid-connected batteries.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Mar 2018

Revocation date:

No revocation date

Announced: 22 Mar 2018
State aid, unspecified In force
On 22 March 2018, the Australian Renewable Energy Agency (ARENA) and the regional Government of Victoria announced the allocation of AUD 50 million (circa USD 38.5 million) to the private consortia ma...
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