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Green Industry Financing Fund (GIFF)

Granting authority:

Aid scheme

Aid number:
1000000519
Aid status:
Registered
Created:
17 January 2025
Changed:
19 June 2026
Aid type:
Aid measure that does constitute State aid
Type of aid scheme:
Ordinary
Duration from:
09 September 2024
Duration to:
31 December 2030
Aid instrument:
  • Repayable advances
  • Loan
Sector of activity:
All
Region:
  • 03 - Oslo
  • 11 - Rogaland
  • 15 - Møre og Romsdal
  • 18 - Nordland
  • 31 - Østfold
  • 32 - Akershus
  • 33 - Buskerud
  • 34 - Innlandet
  • 39 - Vestfold
  • 40 - Telemark
  • 42 - Agder
  • 46 - Vestland
  • 50 - Trøndelag
  • 55 - Troms
  • 56 - Finnmark
Size of the beneficiary:
  • Small-size enterprise
  • Medium-size enterprise
  • Large-size enterprise
The web address of the aid scheme:
Total budget:
NOK 5,000,000,000.00
Guarantee amount:
NOK 5,000,000,000.00

Basis for state aid

Category of state aid:
Block-exempted aid
Primary legal basis:
Aid by general block exemption regulation by Commission Regulation (EU) No 651/2014
Article and objective:
  • 14 - Regional aid-investment aid
  • 17 - Investment aid to SMEs
  • 36 - Investment aid for environmental protection, including decarbonisation
  • 38 - Investment aid for energy efficiency measures other than in buildings
  • 41 - Investment aid for the promotion of energy from renewable sources, of renewable hydrogen and of high-efficiency cogeneration
  • 47 - Investment aid for resource efficiency and for supporting the transition towards a circular economy

ESA basis

Basis for state aid

Category of state aid:
De minimis aid
Primary legal basis:
Aid by Commission Regulation (EU) 2023/2831
Objective:
  • Business development and investment
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