The changes provide for an increase in the programme’s total budget from 138.2 million lei to 266.2 million lei, as well as the introduction of new selection and guarantee criteria for battery energy storage system (BESS) projects.
For BESS projects, the maximum guarantee rate is 50 per cent, and only new installations are eligible to participate. Projects must meet the requirements set out under the guarantee scheme.
Following its examination of the notification submitted by the ODA, the Competition Council found that the amendments do not alter the nature of the state aid and meet the conditions for the application of the simplified notification procedure.
IMM GARANT is a guarantee scheme that facilitates access to credit for small and medium-sized enterprises by providing financial guarantees to supplement the collateral required by financial institutions.
Investments in value-added sectors, including renewable energy, are eligible for a guarantee of up to 80 per cent, regardless of the type of enterprise. For other sectors, the guarantee percentage varies depending on the founder and the duration of the business’s operations.
The ‘IMM GARANT’ state aid programme runs until 31 December 2028.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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