ANNOUNCED AS TEMPORARYNo
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 participation of Australian companies in major public and private projects carried in the country. In this sense, companies applying for a CEFC credit line must provide an AIP Plan to demonstrate the strategy to maximize opportunities for Australian industry to participate in the project.
Departing from the above-mentioned, the statement made by the CEO of CEFC during the official announcement of the AUD 37.5 million investment in Taralga Wind Farm Pty Ltd, referring to the concrete implication of Portland's industry in the construction of the towers and the use of BlueScope steel, can be understood as part of the AIP local content policy.
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