Overview
- The Ministry of Industry confirmed a €53.8 million subsidy and a €456,000 loan for InoBat through the third PERTE VEC call.
- Official figures set the project at about €712 million with output reaching 32 GWh in 2027 and full capacity expected by 2029.
- Government estimates point to around 260 direct jobs and roughly 500 indirect positions once the plant is operating.
- Castilla y León’s government pledged economic and training support, urging that the project’s finances now “add up.”
- The plan is significantly smaller than the 2022 proposal of roughly €3 billion and 2,000+ jobs, and construction and full financing are still to be secured.