Global Trade Alert
Global Trade Alert

Greece: Introduction of a financial grant to support the construction of a pumped hydro plant for electricity generation

Announcement

20 Dec 2021

In December 2021, the European Commission approved a EUR 250 million investment grant measure from Greece to support company Terna Energy S.A in the construction of a pumped hydro plant in Amfilochia.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

20 Dec 2021

Revocation date:

No revocation date

Financial grant In force

On 20 December 2021, the European Commission approved a EUR 250 (USD 282) million financial grant from Greece. The aid will support Terna Energy S.A in the construction of a pumped hydro plant for ele...

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