Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 19 November 2025, the European Investment Bank approved an operation providing approximately €1.9 billion of financing for IPTO’s Dodecanese interconnection project, which includes the Corinth–Kos HVDC link; the package will fund, among other components, an overhead line near Corinth, converter stations in Corinth and Kos, two HVDC submarine cables between Corinth and Kos, related fibre‑optic links, and substations and cables on Kos, Rhodes and Karpathos.