European Union Gazettes EC Decision Approving Spain Regime for Catalonia Under Clean Industrial Deal Framework

The European Union Official Gazette April 7 published the European Commission (EC) decision on State Aid Case No. SA.121547, approving Spain’s aid regime for Catalonia under the Clean Industrial Deal State Aid Framework (CISAF). The decision includes measures: 1) setting an estimated budget of 50 million euros (US$58.4 million); 2) authorizing the aid until Dec. 31, 2030; 3) allowing aid for eligible small and medium-sized enterprises (SMEs) and large enterprises, excluding undertakings in difficulty; 4) requiring investment projects to expand manufacturing capacity for CISAF-eligible net-zero technologies; 5) capping aid per project at 15 percent of eligible costs and 150 million ...