The Belgian Federal Government and Elia Transmission Belgium (Elia) have signed an agreement on a EUR 99.7 million grant that Elia will use to build the foundations for the Princess Elisabeth Island, deemed a key link for unlocking offshore wind potential in the Belgian North Sea.
The grant is part of the financial support offered up under the Recovery & Resilience Facility (RRF), established by the European Commission to support investments and reform measures which will enable Member States to strengthen their economies after the COVID-19 pandemic.