Global Trade Alert
Global Trade Alert

Spain: EUR 1.1 billion to support equipment needed for the transition towards a net-zero economy

Announcement

28 Nov 2023

In November 2023, the European Commission approved a EUR 1.1 billion financial grant scheme to support undertakings investing in the production of relevant equipment for the transition to a net-zero emission economy. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Nov 2023

Revocation date:

31 Dec 2025

Announced: 28 Nov 2023
Financial grant
On 28 November 2023, the European Commission approved a EUR 1.1 (USD 1.2) billion financial grant measure from Spain. The aid will support companies manufacturing equipment that is necessary for the t...
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