IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
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Inception date: 08 Feb 2019 | Removal date: open ended
Still in force

State loan

On 8 February 2019, the KfW IPEX-Bank announced providing financing for the Germany company Volkswagen Kraftwerk GmbH's purchase and assembly of four wind turbines. The turbines are manufactured by the German company Enercon and will be used at the MAN Truck & Bus AG site in Germany. The financial support has a total value of EUR 19.5 million (USD 22 million).

In this context the KfW stated: "After financing the wind park at Volkswagen's Emden plant in 2014, this is the second time KfW IPEX-Bank has invested in the vehicle manufacturer's new approach to its energy supply. In addition to converting its own power plants from coal to gas, the Volkswagen Group is also increasingly operating plants that sustainably generate environmentally friendly power in line with its environmental objectives."

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.

AFFECTED COUNTRIES

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AFFECTED SECTORS AND PRODUCTS

171 Electrical energy
2716 Electrical energy. (optional heading)
271600 Electrical energy. (optional heading)
432 Pumps, compressors, hydraulic & pneumatic power engines; parts
8412 Other engines and motors.
841280 Other

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