COMMERCIAL AND CORPORATE LAW DEPARTMENT - PORTUGAL
COVID-19 Credit Line close to become unavailable
In view of the negative macroeconomic forecasts for the second quarter of 2020, due to the current epidemic crisis, the Portuguese Government has announced a set of new economic and financial measures, as the integration of a new COVID-19 credit line on the already existing “Capitalizar 2018” Program, to support the companies whose activity is being affected by the negative economic effects resulting from the current outbreak of COVID-19, with a global allocation of 200 million euros.
2020 Solar Capacity Auction
The Secretary of State for Energy announced that a solar capacity auction will be held during the course of 2020 (as soon as the health crisis is over and there is some stabilization in the markets).