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Tag: state aid

EU Commission Backs Germany’s Renewable Hydrogen Plan with $380M Funding 

The EU Commission made history by approving $380M (€350m) German scheme to bolster renewable hydrogen production in Germany. The scheme was released this month...

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European Commission opens State aid in-depth investigation into Corsair amended restructuring plan

The European Commission has initiated an in-depth investigation into France’s proposed amendments to Corsair’s restructuring plan, aiming to determine its compliance with EU state...

Green Manufacturing Startups Secured Over $10 Billion in Funding

Carbon-intensive practices likely come from manufacturing, where both mass-produced goods and the associated production processes contribute significantly to CO₂ emissions. As such, there has...

EU Approves Almost $1B State Aid for Northvolt’s German Gigafactory

The European Commission has granted approval for Germany to provide €902 million ($987mn) in state aid to Swedish battery manufacturer Northvolt AB. This approval...

European Commission approves €833 million Danish and Swedish State aid measure to recapitalise SAS

The European Commission greenlights a state aid measure of approximately €833 million to recapitalise Scandinavian Airlines (SAS), approved under the State aid COVID Temporary...

Ryanair loses challenge against Brussels Airlines on state aid in EU court

On Wednesday, a European Union court announced that the financial assistance provided to Lufthansa subsidiary Brussels Airlines in the form of loans and recapitalisation...

Brussels Airlines files a complaint against Brussels South Charleroi Airport for illegal state aid through ANSP skeyes

Brussels Airlines has filed a complaint with the European Commission against Brussels South Charleroi Airport (BSCA), alleging “illegal public aid” provided to the airport....

Several wounded after man drives into people at Cologne/Bonn Airport

Several people were injured after a man drove into pedestrians in a parking garage at Cologne-Bonn Airport in western Germany, several German media...

TUI intends to repay Corona state aid in full after capital increase

TUI Group announces a fully underwritten capital increase with subscription rights of 1.8 billion euros Group plans to use proceeds to repay WSF aid in...

Historic day for Bodø, Norway: ground broken on new airport

Today saw the signing of the agreements enabling the construction of the new airport Bodø and the ground was broken shortly thereafter. This historic...

Q&A: How the EU wants to race to net-zero with ‘Green Deal Industrial Plan’

At least 40% of the EU’s low-carbon technologies – from solar panels to heat pumps – will need to be made within its borders...

California offers help for more homeowners who missed mortgage or tax payments

The California Mortgage Relief program is expanding its reach again, hoping to aid more homeowners who fell behind on their payments during the pandemic.Program...

EU Unlocks $270B for Green Deal Industrial Plan to Boost Net Zero

The European Commission (EC) set out its $270 billion Green Deal Industrial Plan to support Europe’s race to green transition and boost its net...

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