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Home » Finance » European Commission Approves €4.12 Billion Offshore Wind Support for French Projects
Finance

European Commission Approves €4.12 Billion Offshore Wind Support for French Projects

By Patrick VaughnDecember 8, 20232 Mins Read
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Credit: Kyle Wagaman/Flickr
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The European Commission (EC) granted approval on Thursday for a EUR-4.12-billion (USD 4.43bn) offshore wind support scheme in France, aimed at advancing the development of two floating wind projects in the Gulf of Lion. This measure, endorsed under EU state aid rules, is designed to support two selected beneficiaries through a 2024 auction and will

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Europe Floating Wind France French Offshore REPowerEU Tender Wind
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