Global Trade Alert
Global Trade Alert

France: Banque des Territoires provides EUR 73 million to Verkor

Announcement

02 Oct 2023

In October 2023, the national development bank Banque des Territoires announced the allocation of a total of EUR 73 million in the Douai's Gigafactory operated by Verkor. 

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

02 Oct 2023

Revocation date:

No revocation date

State aid, unspecified In force

On 2 October 2023, the national development bank Banque des Territoires allocated EUR 73 (USD 76) million in state aid to French company Verkor. The funds aim to support the company in establishing a ...

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