Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 12 December 2025, the European Investment Bank approved €490 million of debt financing for the IPTO North East Aegean Interconnection, which includes the Samos–Kos link, marking a key financial close milestone enabling the interconnection of the Northeast Aegean islands and their connection to the Dodecanese grid via Mastichari on Kos using 150 kV AC submarine cables and 150 kV GIS substations.