Global Trade Alert
Global Trade Alert

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

Announcement

23 May 2019

In May 2019, the European Investment Bank (EIB), InnovFin, and Breakthrough Energy Ventures establish a fund to support clean energy investments carried out by European companies. 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Jun 2019

Revocation date:

No revocation date

Updated: 23 May 2019
Lending support In force

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 ...

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Updated: 23 May 2019
Financial investment support In force

On 23 May 2019, the European Investment Bank (EIB), the European Commission, through the InnovFin programme, and Breakthrough Energy Ventures established a fund to support European clean energ...

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