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Document 52024AS106361

Authorisation for State aid pursuant to Articles 107 and 108 of the Treaty on the Functioning of the European Union – Cases where the Commission raises no objections – SA.106361

C/2023/7171

OJ C, C/2024/3871, 20.6.2024, ELI: http://data.europa.eu/eli/C/2024/3871/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

ELI: http://data.europa.eu/eli/C/2024/3871/oj

European flag

Official Journal
of the European Union

EN

C series


C/2024/3871

20.6.2024

Authorisation for State aid pursuant to Articles 107 and 108 of the Treaty on the Functioning of the European Union

Cases where the Commission raises no objections

SA.106361

(Text with EEA relevance)

(C/2024/3871)

Date of adoption of the decision

30.10.2023

Aid number

SA.106361

Member State

France

Region

 

Title (title and/or name of the beneficiary)

Aid to Verkor for the Veymont project

Legal basis

LOI n° 2021-1900 du 30 décembre 2021 de finances pour 2022; LOI n° 2010-237 du 9 mars 2010 de finances rectificative pour 2010 ; Convention du 16 mars 2022 entre l’Etat, l’ADEME, l’Agence nationale de la recherche, la Caisse des dépôts et consignations, l’EPIC Bpifrance et la société anonyme Bpifrance relative au programme d’investissements d’avenir (action ‘Industrialisation et déploiement ’)

Type of measure

Ad Hoc Case

VERKOR SAS

Objective

Research, development and innovation

Form of aid

Direct grant

Budget

Overall budget: 659 361 000 EUR

Annual budget: 659 361 000 EUR

Intensity

70,0 %

Duration

Until 31.12.2026

Economic sectors

Manufacture of batteries and accumulators, Scientific research and development

Name and address of the granting authority

Banque Publique d'Investissement

27/31, Avenue du Général Leclerc, 94700 Maisons-Alfort, France

Other information

 

The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:

https://competition-cases.ec.europa.eu/search?caseInstrument=SA


ELI: http://data.europa.eu/eli/C/2024/3871/oj

ISSN 1977-091X (electronic edition)


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