Deals & Disputes
Gide counsel to Verkor for the French State aid procedure authorised by the European Commission for an amount of €659 million
The European Commission has approved, under EU State aid rules, a €659 million French measure to support Verkor in researching and developing new production processes of lithium-ion batteries for electric vehicles. The measure will contribute to the achievement of the strategic objectives of the European Green Deal and the EU battery strategy.
The Gide team comprised partner Benoit Le Bret and Marc-Antoine de Chillaz