Brussels, 20/06/2002 (Agence Europe) - On Wednesday, the Commission decided to authorise Basque government aid for the construction of a combined cycle power station (BBE) and regasification plant (BBG) in Bilbao. There would be EUR 30 million in aid for BBE and EUR 23.2 million for BGE. The two beneficiary companies are held by BP-AMOCO, REPSOL, IBERDROLA and EVE (25% of the capital of each).
The Commission has come to the end of its formal investigation procedure opened on 6 June 2001. It...