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Portugal: MadoquaPower2X SA gets EUR 245.18 million grant from the EU's Innovation Fund

Description

On 22 September 2024, the European Commission approved a EUR 245.18 million (USD 273.67 million) financial grant for MadoquaPower2X SA. The grant was provided for the company’s involvement in the “MP2...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Sep 2024

Revocation date

No revocation date

Implementation level

Supranational

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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