Announcement
26 Nov 2020
On November, 26th, 2020, the Clean Energy Finance Corporation (CEFC) of Australia announced it would invest AUD 125 million (USD 96.7 million) in TransGrid Services to continue the Snowy 2.0 pumped hydro project.
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Number of interventions
2
1 certainly harmful
1 likely harmful
0 liberalising
List of interventions
Implementation date
26 Nov 2020
Revocation date:
No revocation date
Updated: 26 Nov 2020
Local value added incentive
In force
<p>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...
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Implementation date
26 Nov 2020
Revocation date:
No revocation date
Updated: 26 Nov 2020
Capital injection and equity stakes (including bailouts)
In force
<p>On November 26th, 2020, the Australian Clean Energy Finance Corporation (CEFC) will invest AUD 125 million (USD 92.3 million) in TransGrid Services as a way to move forward with the Snowy 2.0...
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