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France: EIB approves EUR 450 million financing to develop two offshore windfarms in Saint-Nazaire and Fécamp

Description

On 29 May 2020, the European Investment Bank (EIB) approved a EUR 450 million (approx. USD 499.7 million) loan agreement to design, build, maintain and operate two offshore wind farms in France, locat...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 May 2020

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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Affected Sectors

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Affected Products

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