The EU Commission decides that the forfeiting financing for the construction of the waste-fuelled power station in Germany does not constitute State aid pursuant to Article 87(1) EC (MHKW Rothensee)

"Forfeiting financing and the construction of the waste-fuelled power station (Müllheizkraftwerk) MHKW Rothensee GmbH"*Overview On 22 March 2006, the Commission decided [1] that the forfeiting financing for the construction of the waste-fuelled power station MHKW Rothensee does not constitute state aid pursuant to Article 87(1) EC. The case concerned the financing of the construction of a waste-fuelled power plant operated by the enterprise MHKW Rothensee in Germany (Saxony-Anhalt). It is the first time the Commission had to deal with a forfeiting financing model in the context of a state aid case. Forfeiting, a commercial financing instrument, is the purchase of receivables or claims without recourse to the selling party in the case of nonpayment. Internationally, this financing

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Authors

  • DG ENER (Brussels)
  • Agency for the Cooperation of Energy Regulators (ACER) (Ljubljana)

Quotation

Jörg Köhli, Volker Zuleger, The EU Commission decides that the forfeiting financing for the construction of the waste-fuelled power station in Germany does not constitute State aid pursuant to Article 87(1) EC (MHKW Rothensee), 22 March 2006, e-Competitions Bulletin March 2006, Art. N° 36563

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