Global Trade Alert
Global Trade Alert

France: EIB provides financing for 'Verkor EV Battery Gigafactory'

Announcement

21 Mar 2024

On 21 March 2024, the EIB provided financing worth EUR 600 million (USD 652 million).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Mar 2024

Revocation date:

No revocation date

Updated: 21 Mar 2024
State loan In force

On 21 March 2024, the European Investment Bank (EIB) and Verkor SAS signed an agreement worth EUR 600 million (approx. USD 652 million) for the project 'Verkor EV Battery Gigafactory' from France. ...

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