Global Trade Alert
Global Trade Alert

Australia: CEFC invests AUD 160 million to construct the Neoen 300 MW Victorian Big Battery (VBB)

Announcement

25 Feb 2021

On February 25th, 2021, the Australian Clean Energy Finance Corporation (CEFC) announced an investment commitment of up to AUD 160 million to support the construction of the Neoen 300 MW Victorian Big Battery (VBB).

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

25 Feb 2021

Revocation date:

No revocation date

State loan In force

On February 25th, 2021, the Clean Energy Finance Corporation of Australia (CEFC) announced the allocation of up to AUD 160 million (circa USD 125.8 million at the time of the announcement) to support ...

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Implementation date

25 Feb 2021

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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