News
26 January 2018
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.
