Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
As part of the December 2023 update of Italy’s Recovery and Resilience Plan to include a REPowerEU chapter, the Tyrrhenian Link secured €500 million in EU funding. This grant‑type support, provided under REPowerEU and referenced by Terna and Nexans, finances part of the HVDC submarine cable system between Caracoli (Sicily) and Eboli (Campania) and underpins the project’s role in integrating southern Italy’s renewable generation into the national grid.