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Europe Daily Bulletin No. 10091

5 March 2010
Contents Publication in full By article 11 / 31
GENERAL NEWS / (eu) eu/energy
Commission gives go-ahead to €2.3 billion for 43 electricity and gas projects

Brussels, 04/03/2010 (Agence Europe) - On Thursday 4 March, the European Commission gave the go-ahead to €2.3 billion in funding for 43 energy projects. These projects aim to strengthen the EU's security of supply. €910 million will go to 12 electricity projects and €1.39 billion to 31 gas project rejects. By co-financing parts of these projects up to 50% the EU contribution will help to lever up to €22 billion of private sector investment. This will be deducted from the €3.98...

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