Fid Financial Close

financial

Fenno-Skan 3

31 December 2027

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Event Details

Event Type:Fid Financial Close

Category:financial

Date:31 December 2027

Date Precision:day

Event Signals

Positive

Project advancing - milestone achieved

High Impact

Major milestone or critical setback

Description

Nordic Grid Development Perspective 2025 (prepared by the Nordic TSOs) states that, for Fenno-Skan 3, “Prior to entering into contracts for converters and cables, a joint Final Investment Decision expected in 2026/2027 will be agreed upon by [the TSOs]”. Using the latest end of the stated range, this projects joint FID/financial close by end-2027 (range given as 2026/2027).