Unlocking EC Green State Aid Investment

Unlocking EC Green State Aid Investment

April 6, 2022, Project Finance International

The new Climate, Environmental Protection & Energy Aid Guidelines (CEEAG), adopted by the European Commission on January 27 2022, open the list of projects eligible for state aid to new areas such as clean mobility and biodiversity, and to new technologies and market developments capable of delivering on the EU Green Deal objectives. The guidelines also allow higher aid amounts, which could cover the full funding gap of a project, and novel forms of aid, such as carbon contracts for difference.