When managing an investment project, rigorous monitoring is crucial to ensuring that it is fully implemented, that deadlines and targets are met and that the incentive received is maximized.
What are the management activities/tasks? Here are a few of them!
Formalizing incentive payment requests;
Monitoring the execution of the project and its contractualized indicators;
Assisting in the preparation for on-site inspections and overseeing them on the day of the visit.
EUR 1000 M to support projects dedicated to the deployment of alternative fuel infrastructures along the Trans-European Transport Network, for road, rail, maritime or air modes.
AFIF supports mature investment projects that have already obtained financial support from a private partner or a public or private financial institution for at least 10% of the investment. The projects will also need a letter of approval from the Member State.
In addition to support for high-power electricity recharging stations and hydrogen refueling stations, there will also be funding for infrastructures for the supply of electricity, ammonia and methanol in ports.
In addition, and limited to 20% of the eligible investment, renewable energy production (e.g. hydrogen), networks and storage solutions may receive support.
Projects must last 39 months.
Beneficiaries:
General envelope: public or private entities from one of the EU Member States;
Cohesion envelope: public or private entities from one of the EU Member States eligible for funding from the Cohesion Fund.
Grant rate: in unit form or co-financing rate of up to 50%.
Available budget:
General envelope: EUR 780 M
Cohesion envelope: EUR 220 M
The budget per envelope will be allocated 2/3 to projects with an agreement with implementing partners (e.g. EIB), while 1/3 will be allocated to projects developed with other financial entities, public or private, established in the European Union.
