Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
In November 2022, the European Investment Bank (EIB) and Terna signed the first finance contract for the Tyrrhenian Link, providing a €500 million long‑term loan as part of a wider €1.9 billion EIB financing package. This initial tranche supports construction and commissioning of the 970 km, 1,000 MW subsea interconnector linking mainland Italy, Sicily and Sardinia.