News Release from ENERCON GmbH
Wind Industry Profile of
ENERCON to receive state support from the Economic Stabilisation Fund
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:
- Source:
- ENERCON
- Author:
- Press Office
- Link:
- www.enercon.de/...
- Keywords:
- ENERCON; state support, Germany, Economic Stabilisation Fund, pandemic, COVID-19, disruption