Brussels Will Mobilise up to 4.5 Billion in Guarantees to Boost Renewable Energy in the Mediterranean
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6 Articles
The European Commission has launched the T-MED platform, which will provide guarantees of up to €4.5 billion to attract investment in renewable energy and clean technologies in the Mediterranean region.
The European Commission has launched the T-MED platform, which will provide guarantees of up to €4.5 billion for renewable energy and clean technology investments in the Mediterranean. The EU will support projects in Egypt and Tunisia and aims to mobilize up to €25 billion in investment by 2035.
The European Commission has launched the T-MED Investment Platform to mobilise large-scale investment in renewable energy and clean technologies across the Mediterranean
On Monday the European Commission presented a new investment platform with which it plans to mobilise up to 4.5 billion euros in European guarantees to promote renewable energy projects and clean technologies in the Mediterranean, with the aim of attracting private capital, strengthening the energy security of the bloc and accelerating the ecological transition [...] The entry Brussels will mobilise up to 4.5 billion in guarantees to boost renew…
The T-MED platform seeks to reduce investment risks, attract private capital and "accelerate the implementation" of "viable" renewable energy and clean technology projects.
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