EU to invest €873m in 17 energy infrastructure projects

In:

Manufacturing, Traditional energy

Region:

Europe

The Connecting Europe Facility (CEF) Coordination Committee has approved the European Commission proposal for a €873 million investment in 17 key energy infrastructure projects across Europe. Eight electricity sector projects will receive support via the CEF programme including €578 million for the Biscay Gulf France-Spain interconnection, €70 million for the German SuedOstLink and €27 million for a Romanian power line project. In the gas sector the CyprusGas2EU project to introduce natural gas in Cyprus will receive €101 million of support. Funding for the remaining 13 projects will enable studies to be carried out.

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