Positive
Project advancing - milestone achieved
Medium Impact
Significant progress or notable issue
DELAYED +2mo (Apr 2026): Delayed from 2026-04-01 — the original projection was 9 days past on the day of the audit. No fresh news confirms marine cable installation has begun. Delayed to end-Q2 2026 to match INELFE's 'Marine cable installation Q2 2026 to Q3 2027' window with conservative interpretation. DELAYED +0mo (Apr 2026): According to Inelfe’s detailed works schedule, "Marine cable installation works" are planned from Q2 2026 to Q3 2027. The projected start date of 2026‑04‑01 coincides with the beginning of Q2 2026 and matches this official window. Recent communications from Inelfe, Red Eléctrica, CINEA and the EIB all confirm that the project is progressing on schedule towards commissioning in 2028, with no indications that the offshore or cable‑lay campaigns have been postponed. Given this, the Q2 2026 start date for marine cable installation remains appropriate and is kept unchanged, simply re‑stated to reflect explicit alignment with the Inelfe schedule. DELAYED +0mo (Apr 2026): The Inelfe works schedule specifies "Marine cable installation works" from Q2 2026 to Q3 2027. The original milestone date of 2026‑04‑01 (start of Q2 2026) already aligns with the developer’s window for starting marine cable installation. Recent updates from Inelfe, Red Eléctrica, CINEA and the EIB all describe the project as progressing on schedule toward 2028 commissioning, with civil works and landfalls advancing as planned, and none indicate a postponement of offshore or cable‑lay activities. As a result, the start of marine cable installation in Q2 2026 remains realistic and is retained without further adjustment. --- Marine cable installation for the Bay of Biscay interconnection is scheduled to begin in the second quarter of 2026 and continue until the third quarter of 2027. During this period the approximately 300 km of HVDC submarine cables will be laid between the Basque coast in Spain and the Médoc coast in France as part of the nearly 400 km dual‑link connection.