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France: Bpifrance provides guarantee to Verkor for the construction of a batteries innovation centre

Description

On 2 November 2022, the government of France provided a EUR 51 million (USD 50.3 million) guarantee to Verkor through Bpifrance. Verkor will use the funds to finish the construction of its battery inn...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Nov 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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