Terna Secures €1.5bn to Finance the 1GW Adriatic Submarine Link

Terna secures €1.5bn to finance the 1GW Adriatic submarine Link

The signature ceremony took place in Rome, with the participation of the EIB’s group president Nadia Calviño, EIB vice-president Gelsomina Vigliotti, Terna CEO and general manager Giuseppina Di Foggia, SACE CEO and general manager Alessandra Ricci, and head of Industry Infrastructure in Intesa Sanpaolo’s IMI Corporate and Investment Banking Division Riccardo Dutto. Image courtesy Terna.

Powering Italy's Future with €1.5 Billion Adriatic Energy Link Investment

Powering Italy’s Future with €1.5 Billion Adriatic Energy Link Investment Italy is charging ahead on its energy transformation journey with a landmark €1.5 billion financing package set to power the Adriatic Link – a vital submarine electricity cable that will bridge the regions of Marche and Abruzzo. Orchestrated by the European Investment Bank (EIB), SACE, and Intesa Sanpaolo, this project represents a bold step toward energy autonomy, grid mo…