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Spain: ICO provides EUR 35 million loan to Iberdrola to develop green hydrogen for industrial use

Description

On 4 April 2022, the Official Credit Institute of Spain (ICO in Spanish) and Iberdrola signed a EUR 35 million (USD 38.5 million) loan to finance the construction of a hydrogen production plant in the...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Apr 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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