Global Trade Alert
Global Trade Alert

Australia: Government invests AUD 600 million in Snowy Hydro Limited as part of public procurement project

Announcement

19 May 2021

On May 19th, 2021, the Australian government announced an AUD 600 million investment in Snowy Hydro Limited for a public procurement project subject to localisation rules.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

19 May 2021

Revocation date:

No revocation date

Public procurement localisation In force

On May 19th, 2021, the Australian government invested AUD 600 million (USD 465 million) in Snowy Hydro Limited, an Australian state-owned energy provider, as part of a public procurement project subje...

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