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Germany (Saxony): State aid for Lausitz Energie Kraftwerke AG's project related to the construction of energy storage facility

Description

On 4 June 2024, the Sächsische Aufbaubank, the Development Bank of the state of Saxony, approved a EUR 30 million (USD 32.6 million) financial grant to energy company Lausitz Energie Kraftwerke AG. Th...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Jun 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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