Northern Aegean Interconnection Phase A : Limnos - Lesvos
12 December 2025
Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
The European Investment Bank approved €490 million in financing on 12 December 2025 for IPTO’s North East Aegean Interconnection project, which will connect the islands of Lemnos, Lesvos, Chios, Samos and Skyros to Greece’s mainland grid via Nea Santa in Thrace and Aliveri on Evia using mainly 150 kV AC submarine cables and 150 kV GIS substations. This loan financing supports the overall programme, including the Lemnos–Lesvos link, and is intended to replace local oil-fired generation with cleaner, more reliable power from the mainland and to enable greater renewable energy integration.