Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
In March 2023, the European Investment Bank (EIB) signed second and third finance contracts with Terna for the Tyrrhenian Link, providing additional debt financing totaling €900 million. Together with the earlier €500 million tranche, these loans form part of a €1.9 billion EIB package earmarked to fund construction and commissioning of the interconnector’s east and west sections.