Italy: Fri-El Geopower SRL gets EUR 31 million grant from the EU's Innovation Fund

Announcement

12 Mar 2026

In March 2026, the European Commission provided a financial grant to Fri-El Geopower SRL for the “GESIIS” project.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Mar 2026

Revocation date:

No revocation date

Updated: 28 Apr 2026

Financial grant In force

Recent update from 28 Apr 2026:

On 12 March 2026, the European Commission approved a EUR 31 million (USD 35.7 million) financial grant for Fri-El Geopower SRL. The grant was provided for the company's involvement in the "GESIIS" ...

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