FAB Project Awarded Funding Through Connecting Europe Facility

The FAB project promoters have been awarded €7.235m development funding by the European Commission through the Connecting Europe Facility (CEF). The CEF funding is available to Projects of Common Interest. The funding awarded represents 50% of the total cost of development.

Whilst subject to the signature of a grant agreement, the CEF funding should provide major assistance in carrying out the technical environmental, economic and legal studies necessary to bring the project into construction.