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Minesto selected for 20.2 M EUR Innovation Fund grant for proposed Euro Dragon Farm project; Grant Agreement Preparation initiated

Source: PR Newswire

Renewable Energy TransitionGreen & Sustainable FinanceCompany Fundamentals

Minesto said the European Commission selected it to enter Grant Agreement Preparation for €20.2 million in funding under the Innovation Fund. The announcement is positive for the ocean-energy developer, but the text describes entry into grant-agreement preparation rather than a finalized grant award.

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