The small print26 Jul 2023 21:14
I’ve mulled this over for most of today, and hadn’t seen an analysis of this phrase yet,
“ AFC Energy will be able to recover up to £4.3m of the total £4.8m granted, on a match funding basis.”
I hate reading “up to” on any advertising print as they’re are weasel words, but excluding that aspect what does the “match funding basis” part indicate?
Do AFC have to make (for sale) the equivalent of £4.3m of power towers (for example) to be awarded the full grant?