Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Electricity Interconnection France-Spain (Inelfe), a joint venture equally owned by Spanish transmission operator Red Eléctrica and French operator RTE, was established following the 2008 Zaragoza Agreement between the Spanish and French governments to develop and operate cross-border interconnections, including the Bay of Biscay/Biscay Gulf HVDC link that will raise exchange capacity between the two countries to 5,000 MW.