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Global Trade Alert

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France: Electra raises EUR 304 million from Bpifrance and other investors

Description

On 15 January 2024, Bpifrance announced that Electra had raised over EUR 304 million (USD 330 million) in capital from Bpifrance and four other investors. The funds will finance the company's developm...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Jan 2024

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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