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European Climate, Infrastructure and Environment Executive Agency

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uuid000813l

Namestring
European Climate, Infrastructure and Environment Executive Agency
Legal namestring
European Climate, Infrastructure and Environment Executive Agency
Company typeenum
Public
Founded yearint
2021
Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersBrussels, Belgium
HQ citystring
Brussels
HQ countrystring
Belgium
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
EU funding programmes, grant management services, climate finance administration, public sector advisory, environmental programme management
Industry3 codes
1Development Cooperation & Foreign Aid Administration
CodeBPAIAIAGPrimaryYes
2Export Credit Agencies (ECAs) & Trade Finance Institutions
CodeBPADACAFPrimaryNo
3Permitting, Siting & Environmental Impact (EIA/NEPA) Advisory
CodeEUAMANABPrimaryNo
NAICS code2 codes
  • Administration of Environmental Quality Programs924
  • Grantmaking and Giving Services81321
SIC code1 code
  • Federal & Federally-Sponsored Credit Agencies6111
Product category
Public Sector Programme Management
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Programme Management Services
TypeManaged Services
Description

CINEA is funded through the EU budget to manage and implement EU programmes including CEF, EMFAF, Horizon Europe, Innovation Fund, LIFE, and others. The agency does not generate commercial revenue.

cinea.ec.europa.eu
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Infrastructure, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

CINEA is an executive agency of the European Commission that manages and implements parts of EU funding programmes including the Connecting Europe Facility (CEF), Innovation Fund, LIFE Programme, Horizon Europe, European Maritime Fisheries and Aquaculture Fund (EMFAF), Just Transition Mechanism (JTM), and Renewable Energy Financing Mechanism (RENEWFM). The agency runs calls for proposals and tenders, evaluates applications, awards grants, and monitors beneficiaries, additionally offering the Green Assist advisory service to help start-ups, SMEs and consortia commercialise results from EU-funded research projects.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • €12 billion committed to over 200 projects across European Economic Area (Innovation Fund)
+3 more records
Product overview1 text field

CINEA is not a product company but rather an executive agency of the European Commission that manages multiple EU funding programmes. The agency oversees a portfolio of financial instruments and programmes rather than a unified software product. Its core functions involve programme management, grant administration, and project monitoring across energy, climate, environment, and transport sectors.

Product and service8 records
1Connecting Europe Facility (CEF)
CategoryEU Funding Programme
Description

CINEA manages the Connecting Europe Facility, which supports cross-border energy, transport, and digital infrastructure investments across Europe.

2Innovation Fund
CategoryEU Funding Programme
Description

The Innovation Fund is one of the world's largest funding programmes for innovative net-zero technologies, financed by EU Emissions Trading System revenues.

3LIFE Programme
CategoryEU Funding Programme
Description

The LIFE Programme is the EU's funding instrument for environmental and climate action, supporting projects that contribute to the implementation of EU policies and legislation.

4Horizon Europe
CategoryEU Funding Programme
Description

Horizon Europe is the EU's research and innovation funding programme (2021-2027) supporting scientific excellence and breakthrough discoveries.

5European Maritime, Fisheries and Aquaculture Fund (EMFAF)
CategoryEU Funding Programme
Description

The European Maritime, Fisheries and Aquaculture Fund supports sustainable fisheries, maritime economy, and aquatic resource management.

6Just Transition Mechanism (JTM)
CategoryEU Funding Programme
Description

The Just Transition Mechanism supports regions heavily dependent on fossil fuels to transition to climate neutrality through social and economic measures.

7Renewable Energy Financing Mechanism (RENEWFM)
CategoryEU Funding Programme
Description

A financing mechanism supporting renewable energy investments through market-based approaches.

8Green Assist Advisory Service
CategoryAdvisory Service
Description

Advisory support service helping start-ups, SMEs and consortia commercialise results from EU-funded research projects, providing training, business model support, and access to finance.

Scale indicator15 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-05-28
Description

Forum bringing together around 450 participants from businesses, public authorities and organisations to accelerate investments in Europe's clean energy transition. 13 projects showcased have mobilised over €450 million.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-22
Description

Smart Grid CARMEN Project partners implementing smart grid modernisation across Romania and Bulgaria. Total project value €207 million with €104 million EU funding. Modernises electricity transmission/distribution networks and improves cross-border energy market cooperation.

3Nine Hydrogen Projects (7 EEA countries)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-07
Description

European Hydrogen Bank third auction selected nine hydrogen production projects receiving €1.09 billion EU funding. Expected to provide nearly 1.1 GW electrolyser capacity and produce over 1.3 million tonnes hydrogen over 10 years.

fuelcellsworks.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-26
Description

Joint partnership for Carbon Hub CPT01 project - a major carbon capture and storage initiative in Câmpulung industrial area, Romania. This is the first large-scale onshore CCS development in Eastern Europe, supporting near-zero emissions cement and lime production.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-25
Description

€40 million Innovation Fund grant for ASTRA PP polypropylene dissolution recycling facility at Port of Antwerp-Bruges, Belgium. Project achieves 85% GHG emission avoidance and supports EU recycled content targets.

6Six Hydrogen Projects (Spain, Finland, Norway)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-20
Description

Grant agreements signed with six renewable hydrogen production projects receiving €270.6 million total. Projects will install 381.25 MW electrolyser capacity and produce around 500 kilotonnes renewable hydrogen.

climate.ec.europa.eu
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

KfW is Germany's state-owned development and climate bank, financing green transition, SME innovation and infrastructure at national and EU level. It is a relevant peer for CINEA's combined role as a domestic/international climate finance administrator, though KfW uses loans and equity rather than EU grant funding.

TypeDirect peer
Description

InvestEU is an EU-wide programme that mobilises public and private investment via an EU budget guarantee, deployed largely through the EIB Group and other implementing partners. It is a direct institutional peer to CINEA's funding instruments in mobilising capital for EU strategic priorities, although it uses guarantees rather than direct grants.

TypeBroad incumbent
Description

The Green Climate Fund is a multilateral climate fund established under the UNFCCC that channels public and private finance to climate mitigation and adaptation projects in developing countries. It is comparable to CINEA's Innovation Fund and LIFE instruments in terms of mandate, scale of climate finance and project-based grant deployment, although it operates globally rather than within the EU.

TypeRegional player
Description

NIB is an international financial institution owned by Nordic and Baltic countries that finances green transition, infrastructure and innovation projects across the Nordic-Baltic region. It is comparable to CINEA in funding focus (climate, infrastructure, green innovation) but operates regionally rather than EU-wide, and uses loan-based instruments rather than grants.

TypeDirect peer
Description

EACEA is a European Commission executive agency managing EU funding programmes in education, culture, media and sport. It is a structural twin to CINEA — same legal form, same oversight model, same programme management mechanics — even though the policy domains differ.

TypeBroad incumbent
Description

The EIB is the EU's long-term lending arm and a major provider of climate and infrastructure finance across Europe. It is a broader incumbent than CINEA: it uses loans, equity and blended finance rather than grants, but operates in overlapping sectors (energy infrastructure, hydrogen, climate) and often co-funds CINEA-supported projects.

TypeDirect peer
Description

ERCEA is another EU executive agency responsible for managing the research and innovation components of Horizon Europe, including ERC grants. It is a direct institutional peer to CINEA in how it administers EU research funding on behalf of the European Commission.

TypeBroad incumbent
Description

Bpifrance is France's national public investment bank, providing financing, guarantees and innovation grants to French and EU companies, including a growing green/climate mandate. It mirrors CINEA's model of combining grant and advisory support for innovation and climate projects, but at a single Member State level rather than EU-wide.

TypeDirect peer
Description

EISMEA is another European Commission executive agency that manages EU funding programmes (notably EIC and parts of Horizon Europe) targeting start-ups, SMEs and innovators. It is the closest functional peer to CINEA in terms of mandate structure, governance and EU programme administration model.

TypeDirect peer
Description

HaDEA is a sister EU executive agency under the European Commission that manages parts of Horizon Europe and the Connecting Europe Facility in digital and health domains. It is structurally and operationally identical to CINEA in mandate, governance and programme management model.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers10 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment9 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

European Climate, Infrastructure and Environment Executive Agency

Public Sector Programme Managementcinea.ec.europa.eu

European Climate, Infrastructure and Environment Executive Agency firmographics

Firmographics
Name
European Climate, Infrastructure and Environment Executive Agency
Legal name
European Climate, Infrastructure and Environment Executive Agency
Website
https://cinea.ec.europa.eu
Company type
Public
Founded year
2021
Operating status
Operating
Ownership category
akta.pro rank

European Climate, Infrastructure and Environment Executive Agency industry classification

Industry
Product category
Public Sector Programme Management
NAICS
Administration of Environmental Quality Programs (924), Grantmaking and Giving Services (81321)
SIC
Federal & Federally-Sponsored Credit Agencies (6111)
akta.pro primary industry
Development Cooperation & Foreign Aid Administration (BPAIAIAG)
akta.pro secondary industries
Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF), Permitting, Siting & Environmental Impact (EIA/NEPA) Advisory (EUAMANAB)

Keywords

  • EU funding programmes
  • Grant management services
  • Climate finance administration
  • Public sector advisory
  • Environmental programme management

Where European Climate, Infrastructure and Environment Executive Agency is headquartered

Location

Headquarters

HQ city
Brussels
HQ country
Belgium
HQ region
Europe

Offices1 record

Markets served

European Climate, Infrastructure and Environment Executive Agency business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

  1. Programme Management Services: CINEA is funded through the EU budget to manage and implement EU programmes including CEF, EMFAF, Horizon Europe, Innovation Fund, LIFE, and others. The agency does not generate commercial revenue.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

European Climate, Infrastructure and Environment Executive Agency product offering

Product offering

Core offering

CINEA is an executive agency of the European Commission that manages and implements parts of EU funding programmes including the Connecting Europe Facility (CEF), Innovation Fund, LIFE Programme, Horizon Europe, European Maritime Fisheries and Aquaculture Fund (EMFAF), Just Transition Mechanism (JTM), and Renewable Energy Financing Mechanism (RENEWFM). The agency runs calls for proposals and tenders, evaluates applications, awards grants, and monitors beneficiaries, additionally offering the Green Assist advisory service to help start-ups, SMEs and consortia commercialise results from EU-funded research projects.

Product overview

CINEA is not a product company but rather an executive agency of the European Commission that manages multiple EU funding programmes. The agency oversees a portfolio of financial instruments and programmes rather than a unified software product. Its core functions involve programme management, grant administration, and project monitoring across energy, climate, environment, and transport sectors.

Differentiator

Problem solved

Functional benefit

Products and services

  • Connecting Europe Facility (CEF) CINEA manages the Connecting Europe Facility, which supports cross-border energy, transport, and digital infrastructure investments across Europe.
  • Innovation Fund The Innovation Fund is one of the world's largest funding programmes for innovative net-zero technologies, financed by EU Emissions Trading System revenues.
  • LIFE Programme The LIFE Programme is the EU's funding instrument for environmental and climate action, supporting projects that contribute to the implementation of EU policies and legislation.
  • Horizon Europe Horizon Europe is the EU's research and innovation funding programme (2021-2027) supporting scientific excellence and breakthrough discoveries.
  • European Maritime, Fisheries and Aquaculture Fund (EMFAF) The European Maritime, Fisheries and Aquaculture Fund supports sustainable fisheries, maritime economy, and aquatic resource management.
  • Just Transition Mechanism (JTM) The Just Transition Mechanism supports regions heavily dependent on fossil fuels to transition to climate neutrality through social and economic measures.
  • Renewable Energy Financing Mechanism (RENEWFM) A financing mechanism supporting renewable energy investments through market-based approaches.
  • Green Assist Advisory Service Advisory support service helping start-ups, SMEs and consortia commercialise results from EU-funded research projects, providing training, business model support, and access to finance.

Quantifiable outcome

  • €12 billion committed to over 200 projects across European Economic Area (Innovation Fund)
  • +3 more outcomes

Companies that use European Climate, Infrastructure and Environment Executive Agency

Customer profile

Named customers10 records

Segments6 records

Ideal customer profiles4 records

European Climate, Infrastructure and Environment Executive Agency technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

European Climate, Infrastructure and Environment Executive Agency partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered minor and core.

  • Clean Energy Transition Investment Forum (CETIF) PartnersminorStrategic or Co-development Partner · 28 May 2026Forum bringing together around 450 participants from businesses, public authorities and organisations to accelerate investments in Europe's clean energy transition. 13 projects showcased have mobilised over €450 million.
  • Transelectrica, Delgaz Grid SA, ESO BulgariacoreStrategic or Co-development Partner · 22 May 2026Smart Grid CARMEN Project partners implementing smart grid modernisation across Romania and Bulgaria. Total project value €207 million with €104 million EU funding. Modernises electricity transmission/distribution networks and improves cross-border energy market cooperation.
  • Nine Hydrogen Projects (7 EEA countries)coreStrategic or Co-development Partner · 7 May 2026European Hydrogen Bank third auction selected nine hydrogen production projects receiving €1.09 billion EU funding. Expected to provide nearly 1.1 GW electrolyser capacity and produce over 1.3 million tonnes hydrogen over 10 years.
  • Holcim Romania and CarmeusecoreStrategic or Co-development Partner · 26 March 2026Joint partnership for Carbon Hub CPT01 project - a major carbon capture and storage initiative in Câmpulung industrial area, Romania. This is the first large-scale onshore CCS development in Eastern Europe, supporting near-zero emissions cement and lime production.
  • PureCycle TechnologiescoreStrategic or Co-development Partner · 25 March 2026€40 million Innovation Fund grant for ASTRA PP polypropylene dissolution recycling facility at Port of Antwerp-Bruges, Belgium. Project achieves 85% GHG emission avoidance and supports EU recycled content targets.
  • Six Hydrogen Projects (Spain, Finland, Norway)coreStrategic or Co-development Partner · 20 January 2026Grant agreements signed with six renewable hydrogen production projects receiving €270.6 million total. Projects will install 381.25 MW electrolyser capacity and produce around 500 kilotonnes renewable hydrogen.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

European Climate, Infrastructure and Environment Executive Agency competitors and assessment

Company assessment

Broad incumbents

  • KfW (Kreditanstalt für Wiederaufbau): KfW is Germany's state-owned development and climate bank, financing green transition, SME innovation and infrastructure at national and EU level. It is a relevant peer for CINEA's combined role as a domestic/international climate finance administrator, though KfW uses loans and equity rather than EU grant funding.
  • Green Climate Fund: The Green Climate Fund is a multilateral climate fund established under the UNFCCC that channels public and private finance to climate mitigation and adaptation projects in developing countries. It is comparable to CINEA's Innovation Fund and LIFE instruments in terms of mandate, scale of climate finance and project-based grant deployment, although it operates globally rather than within the EU.
  • European Investment Bank (EIB): The EIB is the EU's long-term lending arm and a major provider of climate and infrastructure finance across Europe. It is a broader incumbent than CINEA: it uses loans, equity and blended finance rather than grants, but operates in overlapping sectors (energy infrastructure, hydrogen, climate) and often co-funds CINEA-supported projects.
  • Bpifrance: Bpifrance is France's national public investment bank, providing financing, guarantees and innovation grants to French and EU companies, including a growing green/climate mandate. It mirrors CINEA's model of combining grant and advisory support for innovation and climate projects, but at a single Member State level rather than EU-wide.

Direct peers

  • InvestEU Programme: InvestEU is an EU-wide programme that mobilises public and private investment via an EU budget guarantee, deployed largely through the EIB Group and other implementing partners. It is a direct institutional peer to CINEA's funding instruments in mobilising capital for EU strategic priorities, although it uses guarantees rather than direct grants.
  • European Education and Culture Executive Agency (EACEA): EACEA is a European Commission executive agency managing EU funding programmes in education, culture, media and sport. It is a structural twin to CINEA — same legal form, same oversight model, same programme management mechanics — even though the policy domains differ.
  • European Research Executive Agency (ERCEA): ERCEA is another EU executive agency responsible for managing the research and innovation components of Horizon Europe, including ERC grants. It is a direct institutional peer to CINEA in how it administers EU research funding on behalf of the European Commission.
  • European Innovation Council and SMEs Executive Agency (EISMEA): EISMEA is another European Commission executive agency that manages EU funding programmes (notably EIC and parts of Horizon Europe) targeting start-ups, SMEs and innovators. It is the closest functional peer to CINEA in terms of mandate structure, governance and EU programme administration model.
  • European Health and Digital Executive Agency (HaDEA): HaDEA is a sister EU executive agency under the European Commission that manages parts of Horizon Europe and the Connecting Europe Facility in digital and health domains. It is structurally and operationally identical to CINEA in mandate, governance and programme management model.

Regional players

  • Nordic Investment Bank (NIB): NIB is an international financial institution owned by Nordic and Baltic countries that finances green transition, infrastructure and innovation projects across the Nordic-Baltic region. It is comparable to CINEA in funding focus (climate, infrastructure, green innovation) but operates regionally rather than EU-wide, and uses loan-based instruments rather than grants.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

European Climate, Infrastructure and Environment Executive Agency social profiles

Digital presence

European Climate, Infrastructure and Environment Executive Agency financial estimates

Financial estimate

Revenue estimate

Valuation estimate

European Climate, Infrastructure and Environment Executive Agency leadership team

Management profile

Number of profiles

European Climate, Infrastructure and Environment Executive Agency funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

European Climate, Infrastructure and Environment Executive Agency M&A and investment

M&A and investment

M&A

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about European Climate, Infrastructure and Environment Executive Agency

What does European Climate, Infrastructure and Environment Executive Agency do?

CINEA is an executive agency of the European Commission that manages and implements parts of EU funding programmes including the Connecting Europe Facility (CEF), Innovation Fund, LIFE Programme, Horizon Europe, European Maritime Fisheries and Aquaculture Fund (EMFAF), Just Transition Mechanism (JTM), and Renewable Energy Financing Mechanism (RENEWFM). The agency runs calls for proposals and tenders, evaluates applications, awards grants, and monitors beneficiaries, additionally offering the Green Assist advisory service to help start-ups, SMEs and consortia commercialise results from EU-funded research projects.

Is European Climate, Infrastructure and Environment Executive Agency a public or private company?

European Climate, Infrastructure and Environment Executive Agency is a public company. It is classified as state government owned and is currently operating.

When was European Climate, Infrastructure and Environment Executive Agency founded?

European Climate, Infrastructure and Environment Executive Agency was founded in 2021.

Where is European Climate, Infrastructure and Environment Executive Agency based?

European Climate, Infrastructure and Environment Executive Agency is headquartered in Brussels, Belgium, in the Europe region.

How does European Climate, Infrastructure and Environment Executive Agency make money?

One revenue line is on record: programme Management Services.

Who are European Climate, Infrastructure and Environment Executive Agency's main competitors?

Broad incumbents on record are KfW (Kreditanstalt für Wiederaufbau), Green Climate Fund, European Investment Bank (EIB) and Bpifrance. Direct peers are InvestEU Programme, European Education and Culture Executive Agency (EACEA), European Research Executive Agency (ERCEA), European Innovation Council and SMEs Executive Agency (EISMEA) and European Health and Digital Executive Agency (HaDEA). Nordic Investment Bank (NIB) is listed as a regional player.

Does European Climate, Infrastructure and Environment Executive Agency have an API?

No public API is recorded for European Climate, Infrastructure and Environment Executive Agency.

What industry is European Climate, Infrastructure and Environment Executive Agency in?

European Climate, Infrastructure and Environment Executive Agency's product category is Public Sector Programme Management. Its primary akta.pro industry code is BPAIAIAG, Development Cooperation & Foreign Aid Administration, with a secondary code of BPADACAF, Export Credit Agencies (ECAs) & Trade Finance Institutions. Its NAICS code is 924 and its SIC code is 6111.

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Live signals
RAILMARKETEU opens EUR 1.1bn infrastructure call for TEN-TThe European Commission has opened a EUR 1.1bn transport infrastructure funding call under the 2026 Connecting Europe Facility Transport programme, with applications open until 6 October 2026. The funding covers railway projects on the core trans-European transport network (TEN-T), as well as inland waterways, road infrastructure, airports, and maritime ports, and is available to EU Member States, Ukraine, and Moldova. Eligible projects must contribute to completing or modernizing the European transport network under the revised TEN-T Regulation, with the European Climate, Infrastructure and Environment Executive Agency (CINEA) managing the call.EuropaWireSafran Electrical & Power Secures €14.7 Million EU Innovation Fund Grant to Scale ENGINeUS Electric Motor ProductionSafran Electrical & Power secured a €14.7 million EU Innovation Fund grant for its ENGINeUS PULL project, which will automate and scale production of the ENGINeUS 100 electric motor at its Niort facility. The seven-year project runs from 2026 to 2032 and supports the EU's net-zero aviation target by 2050.MarketScreenerSafran shares rise following EU backing for ENGINeUS electric motor industrializationSafran Electrical & Power received 14.7 million euros from the European Innovation Fund to automate production of its ENGINeUS electric motor at its Niort facility. The EASA-certified motor, designed for 2-4 passenger aircraft, will be built on semi-automated lines between 2026 and 2032. Safran shares rose 2% on the Paris Bourse.European UnionEU grants worth €600 million available for cross-border energy infrastructure projectsThe European Commission has launched a new call for proposals for cross-border energy infrastructure projects under the Connecting Europe Facility for Energy (CEF Energy) programme, with an indicative budget of €600 million. Organised by the Climate, Infrastructure and Environment Executive Agency (CINEA), this is the first call open for Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs), and will remain open until 30 September 2026. Commissioner for Energy and Housing Dan Jørgensen framed the initiative as a response to the ongoing energy crisis, aimed at strengthening energy systems, reducing costs, and accelerating renewable integration.European UnionAssistance for innovative renewable energy results from H2020 and HE projects to start-ups and SMEs, backed by €2.5 millionThe European Climate, Infrastructure and Environment Executive Agency (CINEA) announced it will publish a call for tender in June to support start-ups, SMEs, and consortia that have generated results through Horizon 2020 and Horizon Europe projects. The procurement, valued at €2.5 million, will provide training, project development, business model support, and access to finance to help beneficiaries secure funding from the European Investment Bank, the Innovation Fund, and other public and private programmes. The initiative aims to stimulate the commercial application of results from EU-funded research projects, with international business development actions required to align with the Global Gateway Strategy priorities.The Manila TimesPureCycle Signs €40 Million Innovation Fund Grant Agreement with European Climate, Infrastructure and Environment Executive AgencyPureCycle Technologies signed a €40 million grant agreement with CINEA to fund its 'ASTRA PP' polypropylene dissolution recycling facility at the Port of Antwerp-Bruges, Belgium, with annual production capacity of 59,000 tonnes. The project is one of 54 selected under the Innovation Fund 2024 Call for Net-Zero Technologies receiving €2.7 billion in total funding, and is expected to achieve 85% greenhouse gas emission avoidance compared to conventional fossil-raw-material-based polypropylene production. This grant supports PureCycle's strategic expansion into Europe's regulatory environment for sustainability while helping customers comply with EU recycled content targets such as the Packaging & Packaging Waste Regulation and the End-of-Life Vehicles Regulation.Investing.comPureCycle secures €40M EU grant for Belgium recycling plant By Investing.comPureCycle Technologies Inc. signed a €40 million grant agreement with the European Climate, Infrastructure and Environment Executive Agency to fund Project ASTRA PP, a polypropylene recycling facility at the Port of Antwerp-Bruges in Belgium, designed for 59,000 tonnes annual capacity of PureFive resin. The grant comes as PureCycle continues to burn through cash with revenue of just $8.36 million over the last twelve months and negative EBITDA of $137 million, making this external funding critical for the company's expansion. The project, one of 54 selected under the Innovation Fund 2024 Call for Net-Zero Technologies receiving €2.7 billion combined, aims to help customers comply with EU recycled content regulations and is expected to achieve 85% greenhouse gas emission avoidance compared to conventional polypropylene production.GlobeNewswirePureCycle Signs €40 Million Innovation Fund Grant Agreement with European Climate, Infrastructure and Environment Executive AgencyPureCycle Technologies signed a €40 million grant agreement with CINEA for its ASTRA PP project in Antwerp, Belgium. The facility will produce 59,000 tonnes annually of PureFive resin, aiming for 85% greenhouse gas emission avoidance versus fossil-based PP.GlobeNewswirePureCycle Signs €40 Million Innovation Fund Grant Agreement with European Climate, Infrastructure and Environment Executive AgencyPureCycle Technologies signed a €40 million grant agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) to fund its 'ASTRA PP' project at the Port of Antwerp-Bruges, Belgium. The project involves installing a polypropylene dissolution recycling facility with an annual production capacity of 59,000 tonnes (130 million lbs.) of PureFive resin. The facility, expected to achieve 85% greenhouse gas emission avoidance compared to conventional production, will help customers comply with EU regulations including the Packaging & Packaging Waste Regulation and End-of-Life Vehicles Regulation.Stock TitanPureCycle lands €40M EU grant for Antwerp plantPureCycle Technologies has signed a €40 million grant agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) to fund its 'ASTRA PP' polypropylene dissolution recycling project at the Port of Antwerp-Bruges in Belgium. The facility will have an annual production capacity of 59,000 tonnes of PureFive® resin and is expected to achieve 85% greenhouse gas emission avoidance compared to conventional polypropylene production. The project supports EU circular economy objectives and will help customers comply with regulations including the Packaging & Packaging Waste Regulation and End-of-Life Vehicles Regulation.