Global Trade Alert
Global Trade Alert

Australia: CEFC allocates AUD 295 million to Project EnergyConnect (PEC)

Announcement

30 May 2021

On May 30th, 2021, the Clean Energy Finance Corportation allocated AUD 295 million to Project EnergyConnect (PEC). 

Source

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

31 May 2021

Revocation date:

No revocation date

Announced: 30 May 2021
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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Implementation date

31 May 2021

Revocation date:

No revocation date

Announced: 30 May 2021
State loan In force
On May 31st, 2021, the Australian Clean Energy Finance Corporation (CEFC) will invest AUD 295 million (USD 241 million) in TransGrid Services and ElectraNet as a way to move forward with Project Energ...
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