Press Release: State aid: the Commission confirms the state guarantee granted to the IFP (Institut Français du Pétrole) because of its EPIC status

The European Commission has concluded that the unlimited state guarantee granted to the lnstitut Français du Pétrole Énergies Nouvelles (IFP) because of its status as a public body constitutes state aid compatible with the internal market as long as the IFP's economic activities are conducted solely on an ancillary basis and are connected with its main activity, which is public research.