George Borovas

European Commission likely to find Hinkley aid illegal - expert

Thursday, May 8, 2014

The European Commission will almost certainly find that EDF Energy's funding mechanism for the construction of the Hinkley Point C nuclear unit in the UK is illegal state aid, an Austrian law professor told Platts.

Franz Leidenmuhler, who specializes in EU state aid cases and European competition law, said in an email that he believed "a rejection is nearly unavoidable. The Statement of the Commission in its first findings of December 18, 2013 is too clear. I do not think that some conditions could change that clear result."

Posted in | »