Cyclades Interconnection Phase D : Santorini - Folegandros - Milos - Serifos
June 2021
Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
ADMIE/IPTO’s June 2021 corporate presentation states that Phase IV of the Cyclades interconnection (interconnection of Santorini, Milos, Folegandros and Serifos with Naxos) has been included in the National Recovery and Resilience Plan and will receive EU Recovery and Resilience Facility funding alongside national resources. This establishes that construction is to be financed from state and EU funds, with IPTO financing the operation, i.e. the financing model for Cyclades Phase D is set out.