Commission Decision of 12 October 2006 on State aid No C 11/2005 (ex N 21/2005), which Germany is planning to implement for the construction of an ethylene pipeline in Bavaria (notified under document number C(2006) 4836) (Only the German version is authentic) (Text with EEA relevance) (2007/385/EC)
Commission Decision of 12 October 2006 on State aid No C 11/2005 (ex N 21/2005), which Germany is planning to implement for the construction of an ethylene pipeline in Bavaria (notified under document number C(2006) 4836) (Only the German version is authentic) (Text with EEA relevance) (2007/385/EC)
THE COMMISSION OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European Community, and in particular the first subparagraph of Article 88(2) thereof,
Having regard to the Agreement on the European Economic Area, and in particular Article 62(1)(a) thereof,
Having called on interested parties to submit their comments pursuant to the provisions cited above(1) and having regard to their comments,
Whereas:
HAS ADOPTED THIS DECISION:
Article 1
The State aid equivalent to 29,9 % of eligible investment costs which Germany intends to grant to Ethylen-Pipeline Süd GmbH & Co KG (EPS) is compatible with the common market on the basis of Article 87(3)(c) of the EC Treaty up to a maximum aid level of EUR 44 850 000.
Article 2
This Decision is addressed to the Federal Republic of Germany.
Done at Brussels, 12 October 2006.
For the Commission
Neelie Kroes
Member of the Commission