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Global Trade Alert

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EC: EIB and Breakthrough Energy Ventures establish fund to European companies' investment in clean energy

Description

The EIB's EUR 50 million (approx. USD 55.9 million) contribution on 23 May 2019 to the new fund created with Breakthrough Energy Ventures is guaranteed by InnovFin. The fund will invest in European co...

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Intervention Details

Intervention Type

Lending support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Jun 2019

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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