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First Nations 5% Equity Policy in CIS Tenders 9 and 10

Sector: Government • Location: Australia

Source: pv magazine Australia

Project
Planned

The Australian government's Capacity Investment Scheme (CIS) Tenders 9 and 10 include a new First Nations Set Aside (FNSA) policy that targets a 5% equity and/or revenue sharing arrangement with First Nations people. Tender 9 targets 500 MW of generation capacity, and Tender 10 targets 2 GWh of dispatchable capacity. Proponents must commit to at least 5% equity, revenue sharing equal to 5% equity,

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The project “First Nations 5% Equity Policy in CIS Tenders 9 and 10” is an infrastructure initiative in the Government sector, located in Australia. Taiyo aggregates data on it from pv magazine Australia.

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planned

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Description

Description

The Australian government's Capacity Investment Scheme (CIS) Tenders 9 and 10 include a new First Nations Set Aside (FNSA) policy that targets a 5% equity and/or revenue sharing arrangement with First Nations people. Tender 9 targets 500 MW of generation capacity, and Tender 10 targets 2 GWh of dispatchable capacity. Proponents must commit to at least 5% equity, revenue sharing equal to 5% equity, or a mix of both with First Nations partners. This policy aims to ensure First Nations communities benefit from co-ownership and income sharing in renewable energy projects.

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High

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100%

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