The CEF Transport Blending Facility is an innovative approach to promote the substantial participation of private sector investors and financial institutions in projects contributing to the environmental sustainability and efficiency of the transport sector in Europe.
The CEF Transport Blending Facility will support two areas that will deliver on the Commission’s agenda for a clean and digital transport system:
- Deployment of the European Railway Traffic Management System (ERTMS)
- Deployment of Alternative Fuels
It is implemented via a cooperation framework between the European Commission and Implementing Partners to support Blending Operations, i.e. investments combining the use of grants and/or financial instruments from the EU budget and financing from the Implementing Partners (via a loan, debt, equity or any other repayable form of support).
With a budget of €198 million, the grant component of the Blending Operations under the CEF Transport Blending Facility is managed by the Innovation and Networks Executive Agency (INEA).
The call was presented at Info Day organized at Electra Palace by the Ministry of Development and Investment. During the Info Day the following were discussed:
o CEF Transport 2019 – General Envelope, budget 700.000.000€
o CEF Transport 2019 – Cohesion Envelope, budget 650.000.000€
o CEF Transport 2019 – General Envelope/ERTMS, budget 50.000.000€
For more information please visit CEF Transport 2019