EU invests €2.5 billion in energy modernisation projects
The European Commission and the European Investment Bank have announced the allocation of funds to support 51 energy-related initiatives across 11 member states.
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The European Commission and the European Investment Bank have confirmed the disbursement of €2.5 billion from the Modernisation Fund. These revenues, sourced from the EU Emissions Trading System, are intended to support the transition to cleaner energy systems.
According to the European Commission, the funding will be directed towards 51 energy-related projects situated across 11 EU member states. The announcement was made on 2 July 2026.
Source: European Commission. Read the original report ↗
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This brief is based on reporting by European Commission.supports: European Commission