ANNOUNCEMENT 30 Jun 2011

On 30 June 2011, the EIB provided financing worth EUR 75 million (USD 108 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Jun 2011 | Removal date: open ended

State loan

On 30 June 2011, the European Investment Bank (EIB) announced an agreement worth EUR 75 million (approx. USD 108 million) for the project European Energy Efficiency Fund from Luxembourg. The total cost of the project is estimated at EUR 500 million.

According to the project description issued by the EIB, Fund targeting sustainable energy projects proposed by public authorities in the EU..

The objective of the project is defined as following: A dedicated financial instrument promoted by the European Commission and the Bank in order to support energy efficiency projects and renewable energy sources, particularly at urban and regional level..

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 SECTORS

 
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AFFECTED PRODUCTS

 
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