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France: EUR 140 million to support geothermal activities

Description

On 24 July 2023, the European Commission approved a EUR 140 million (USD 155 million) French loan guarantee scheme to support companies' investments in deep geothermal operations capacities. The schem...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Jul 2023

Revocation date

23 Jul 2033

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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