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EU Commission allows billions for coal exit from German energy company Leag
Summary by europeannewsroom.com
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EU Commission allows billions for coal exit from German energy company Leag
Brussels (dpa) – The German government is allowed to compensate the energy company Leag with a sum in the billions for its exit from coal. The EU Commission sees no violation of EU state aid rules in the funding of up to 1.75 billion euros, as the authority in Brussels announced. Two years ago, it had already approved a similar payment to RWE. The aid compensates for the premature shutdown of lignite power plants, according to the Commission. G…
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