European Commission Approves Spain Aid Regime for Catalonia Under Clean Industrial Deal State Aid Framework

The European Commission (EC) March 30 issued State Aid Case Decision No. SA.121547, approving Spain’s aid regime for Catalonia under the Clean Industrial Deal State Aid Framework (CISAF). The decision includes measures to: 1) set an estimated budget of 50 million euros (US$58 million); 2) authorize the aid until Dec. 31, 2030; 3) allow aid for eligible small and medium-sized enterprises (SMEs) and large enterprises, excluding undertakings in difficulty; 4) require investment projects to expand manufacturing capacity for CISAF-eligible net-zero technologies; 5) cap aid per project at 15 percent of eligible costs and 150 million euros (US$174.1 million), with higher ...