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Image header Agence Europe
Europe Daily Bulletin No. 13409
ECONOMY - FINANCE - BUSINESS / State aid

European Commission gives green light to Spanish measure worth €1.1 billion to support energy transition

On Tuesday 14 May, the European Commission announced that it had approved a Spanish aid measure (SA.113231), notified under the Temporary Crisis and Transition Framework and with a budget of €1.1 billion, to support investment in the production of equipment needed to foster the transition to a net-zero emissions economy in strategic sectors in the region of Asturias.

This measure will be supported in part by the ‘Recovery and Resilience Facility’, the main instrument of the...

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