The European Commission will publish the new Clean Industrial Deal State Aid Framework (‘CISAF’) on 25 June.

The CISAF will set out how Member States can design State aid measures to support the Deal’s objectives at the heart of the EU’s decarbonisation strategy, allowing more flexible and targeted State aid under simplified rules for companies switching to clean technologies.

Once adopted, the CISAF will replace the 2022 Temporary Crisis and Transition Framework and impact businesses in EU-designated strategic sectors until 31 December 2030. 

The CISAF sets the conditions for the following types of aid, namely to: 

·        Expedite the rollout of renewable energy;

·        Facilitate industrial decarbonisation;

·        Ensure sufficient European manufacturing capacity in clean technologies; and

·        De-risk private investments in these strategic sectors e.g., by providing equity, loans, and guarantees to an SPV.

Participants in this discussion - including the focussed Q&As with Andrea Bomhoff - will gain an early edge in advising clients in key EU industries such as clean tech, carbon-intensive sectors and in the development of green technologies how the CISAF could impact their businesses - positively or negatively - in terms of the availability, procedure and timelines to access funding and/or tax reliefs into the next decade.