2022-08-20
http://w3.windfair.net/wind-energy/news/41281-enercon-state-support-germany-economic-stabilisation-fund-pandemic-covid-19-disruption

News Release from ENERCON GmbH

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ENERCON to receive state support from the Economic Stabilisation Fund

Funds serve to stabilise the company in the aftermath of the coronavirus pandemic

Image: ENERCONImage: ENERCON

To cushion the impact of negative consequences from the COVID-19 pandemic, ENERCON will receive state support in the amount of 500 million euros from the Economic Stabilisation Fund (ESF, German WSF). The interdepartmental Economic Stabilisation Fund Committee has approved this stabilising measure.

The state liquidity assistance is intended to contribute to stabilising the company. The COVID-19 pandemic has caused significant disruptions and unexpected extra costs for materials, components, transport & logistics, and has ultimately resulted in delays to important projects.

Due to the ESF stipulations, ENERCON is required to publish the following declaration of commitment:

ENERCON - RV Anlage ? 3(1)(iii) - Verpflichtungserklärung

Source:
ENERCON
Author:
Press Office
Link:
www.enercon.de/...
Keywords:
ENERCON; state support, Germany, Economic Stabilisation Fund, pandemic, COVID-19, disruption



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