Vicat's Lebec Net Zero project cancelled by US Department of Energy

Vicat SA

03/06/2025 07:53

June 3 (Reuters) - French cement maker Vicat VCTP.PA on Tuesday said its funding agreement with the U.S. Department of Energy for the Lebec Net Zero project had been terminated.

The decision is part of the DoE's broader announcement on Friday that it was terminating funding of 24 projects, totalling more than $3.7 billion.

 (Reporting by Hugo Lhomedet in Gdansk, editing by Milla Nissi-Prussak)

 ((Hugo.Lhomedet@thomsonreuters.com;))