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Global Trade Alert

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Spain and Germany: EIB grants investment support for Velatia Group's power transmission and distribution business

Description

The EIB's loan to Velatia Group signed on 23 July 2018 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 32.5 million (approx. USD 38 million) and w...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Jul 2018

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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