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.
