Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 10 July 2025, Terna signed financing agreements totalling €1.5 billion to support the development and construction of the Adriatic Link HVDC submarine interconnector between the Marche and Abruzzo regions. The package comprises a €750 million, 22‑year loan from the European Investment Bank, a €500 million seven‑year credit line from Intesa Sanpaolo, and a further €250 million seven‑year loan from Intesa Sanpaolo funded by the EIB, with over €1 billion of the total guaranteed by SACE under its Archimede Guarantee scheme.