• European Commission Unveils Plans to Boost Energy Networks in Europe
  • October 31, 2011
  • Law Firm: Cadwalader, Wickersham & Taft LLP - London Office
  • On 19 October 2011, the European Commission (the "Commission") published a proposal to fund €50 billion worth of investment in the European Union's ("EU") transport, energy, and digital networks for the period from 2014 to 2020, with a view to strengthening links across Member State borders. Amongst the measures that were adopted by the Commission are a draft regulation to establish the Connecting Europe Facility (the "CEF"), the terms for the Europe 2020 Project Bond Initiative (the "Project Bond Initiative"), and a proposal for a regulation on guidelines for trans-European energy infrastructure (the "Energy Infrastructure Guidelines Regulation").