Global Trade Alert
Global Trade Alert

Australia: CEFC provides AUD 55 million in funding towards Neoen

Announcement

27 Feb 2024

In February 2024, the CEFC committed an AUD 55 million investment towards Neoen.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

27 Feb 2024

Revocation date:

No revocation date

State aid, unspecified In force

On 27 February 2024, the Clean Energy Finance Corporation (CEFC) of Australia announced the allocation of up to AUD 55 million (approx. USD 36.1 million) towards Neoen Australia Pty Ltd for the Neoen ...

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Implementation date

27 Feb 2024

Revocation date:

No revocation date

Local value added incentive In force

On 27 February 2024, the Clean Energy Finance Corporation financing (CEFC) announced that it had approved financial support towards Neoen for the development of the Neoen Collie Battery Stage 1. This ...

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