Northern Aegean Interconnection Phase C : Lesvos - Skyros
12 December 2025
Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 12 December 2025, the European Investment Bank approved a €490 million financing package for IPTO’s North East Aegean Interconnection, which will connect the islands of Lemnos, Lesvos, Chios, Samos and Skyros to the Greek mainland grid. This development bank loan supports the multi-phase programme that includes the Phase C Lesvos–Skyros AC link, helping to end the electrical isolation of these islands and facilitate cleaner, more reliable power supply and increased renewable integration.