Connecting Europe Facility: CEF Transport Blending Facility
The CEF Transport Blending Programme, as part of the CEF Connecting Europe Facility, encourages the participation of private sector investors and financial institutions in projects that contribute to the environmental sustainability and efficiency of the transport sector in Europe.
ICO, as Implementing Partner (IP) of the European Commission, studies and contributes to the search for eligible projects, offering its own funding to bridge the financing of such projects and thus contribute to the Blending operation, which consists of combining the CEF grant and/or financial instruments from the European Union budget with the long-term financing of the projects, through loans, equity or any form of reimbursable support.
NOTICE: Currently, until a new call for applications is issued, the periods for submitting grant applications are closed. When they are reopened, the information will be updated on this page.
The "CEF TBF call 2019" programme was granted 198 million Euro in order to contribute with a grant or non-reimbursable financial support of between 10% and 20% of the total investment, awarded by the European Commission to projects related to a clean and digital transport system, in particular in the areas of alternative fuels and the European Rail Traffic Management System (ERTMS).
The ICO has acted as Implementing Partner for this Programme from November 2019 until 2021, when the programme calls were closed. During this time, the ICO has managed 10 project applications with a total investment of 247 million Euro, associated financing of 173 million Euro and a combined CEF grant amount of 35 million Euro.
The projects submitted were for alternative fuels that would enable a global shift towards sustainable and renewable mobility in the basic peninsular transport network. These projects include charging, hydrogen and gas stations as a transitional technology. Support has also been given to maritime projects involving the replacement of ship engines for the use of liquefied natural gas (LNG), electric propulsion hybrids and related installations.