Announcement
02 Nov 2025
In November 2025, the European Commission provided a financial grant to Novo Energy Production AB for the "NOVO One Gigafactory" project.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
02 Nov 2025
Revocation date:
No revocation date
Updated: 02 Nov 2025
Financial grant
In force
Recent update from 02 Nov 2025:
On 2 November 2025, the European Commission approved a EUR 201.4 million (USD 231.9 million) financial grant for Novo Energy Production AB. The grant was provided for the company’s involvement in t...
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