Revenue Application

In October 2024, Terna S.p.A. and EDF S.A., as promoters of the SACOI 3 interconnector, submitted an investment request to the Italian and French National Regulatory Authorities (ARERA and CRE) under Article 16 of Regulation (EU) 2022/869, seeking a decision on cross-border cost allocation between France and Italy and inclusion of the project’s costs in national tariffs; the request was supported by project-specific cost estimates, a cost–benefit analysis and a business plan, with Terna’s assets alone estimated at about €1,350 million.