Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 9 February 2024, Terna and the European Investment Bank signed the final €500 million tranche of the EIB’s €1.9 billion financing for the Tyrrhenian Link. Concluded on the sidelines of the EIB Forum in Luxembourg, this long‑maturity loan completes the development bank’s funding package for the 970 km, 1,000 MW double subsea cable interconnector between the Italian mainland, Sicily and Sardinia.