💶 EUR 500 million for PPA guarantees from the European Investment Bank’s pilot project. This will be fantastic in helping corporates enhance credit worthiness to sign long-term deals; as well as to build best practice on making PPA guarantees as attractive and impactful as possible.
📜 Commission will also review its guidance on guarantees to ensure its sufficiently clear for Member States implementing PPA financing schemes AND develop guidance on combining CfD and PPA hybrid projects.