Global Trade Alert
Global Trade Alert

South Africa: Scatec Kenhardt 2 (Pty) Ltd secures ZAR 300 million in state aid from from IDF

Announcement

05 Aug 2022

In August 2022, the Industrial Development Corporation of South Africa (IDC) provided ZAR 300 million (approximately USD 15.79 million) in state aid to Scatec Kenhardt 2 (Pty) Ltd. 

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

05 Aug 2022

Revocation date:

No revocation date

State aid, unspecified In force

On 5 August 2022, the Industrial Development Corporation of South Africa (IDC) provided ZAR 300 million (approximately USD 15.79 million) in state aid to Scatec Kenhardt 2 (Pty) Ltd. The IDC disclosed...

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