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Trans-European network policy depends on financial instruments being available to support projects with the highest trans-European added value.
Projects financed through the Trans-European Energy Networks (TEN-E) programme in 1995-2010
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THE TEN BUDGET LINE
The Trans European Energy Networks budget line is managed in accordance with Regulation (EC) No 2236/95 of the Council amended by Regulation (EC) No 1655/1999, No 788/2004 and No 807/2004.
STRUCTURAL FUNDS
The European Regional Development Fund (ERDF) contributes to the financing of the Trans-European Energy Networks because of their role in the development of eligible regions. Funds have been allocated from the Community Support Frameworks (CSF I and II) and the Community initiatives (REGEN, INTERREG II).
Other EU financial instruments
There are several European Community financial instruments which may come into play for financing Energy infrastructure.
COOPERATION PROGRAMMES WITH THIRD COUNTRIES
External policy programmes (PHARE, TACIS, MEDA and SYNERGY) have financed several East-West and regional interconnection studies relating to energy networks in or linked to eligible third countries.
EUROPEAN INVESTMENT BANK (EIB) LOANS
The EIB finances, through loans up to 50% of the total cost, many TEN Energy projects with the aim of contributing to the Community's TEN policy.
EUROPEAN INVESTMENT FUND (EIF) LOAN GUARANTEES
The main purpose of the EIF (funded 40% by the EIB, 30% by the Commission and the remaining 30% by banks and other financial institutions) is to make available, subject to fees, guarantees for loans concerning TEN projects.