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European Union: EIB announced EUR 1.6 billion loan for Bay of Biscay Electricity Interconnection

Description

On 13 June 2025, the European Investment Bank (EIB) and the French transmission operator RTE Réseau de transport d’électricité signed a EUR 735.6 million (USD 862.5 million) loan. The loan will financ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Jun 2025

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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