Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
The Malta–Sicily interconnector received capital support from the European Union, with the project described as being part-financed through the EU’s European Energy Programme for Recovery and financed in part by the EU, alongside national funding. Sources indicate an overall project cost of around €200 million for the subsea and underground 220 kV HVAC link between Ragusa in Sicily and Magħtab/Qalet Marku in Malta, with the EU contribution helping to cover this investment.