News
Joint press release: Modernisation Fund announces €1.8 billion in new clean energy investments, bringing 5-year total to over €20 billion
Today, the European Commission and the European Investment Bank announced the disbursement of €1.8 billion from the Modernisation Fund to support 45 clean energy-related investments in 12 different Member States. This includes the first ever investment in Portugal,...
Joint press release: Investment of €3.66 billion from EU emissions trading revenues in cleaner energy systems
Today, the European Commission and the European Investment Bank announced that €3.66 billion have been disbursed from the Modernisation Fund to support 34 energy related projects in nine EU Member States. These investments will support the modernisation of energy...
Modernisation Fund makes new disbursement of almost EUR 3 bn to 8 beneficiary countries
Disbursements were made to Romania (€860 million), Czechia (€428 million), Poland (€1 billion), Lithuania (€126 million), Hungary (€79 million), Slovakia (€118 million), Slovenia (29 million) and Estonia (€60 million). These funds will help the eight beneficiary...