EU invests over €1 trillion in energy infrastructure in support of the Green Deal

EU countries have agreed on a Commission proposal to invest € 1.037 billion in 5 cross-border infrastructure projects under the Connecting Europe Facility (CEF) for trans-European energy networks. CEF Energy will provide financial support to 4 projects for construction and 1 study. The largest amount of funding will go to the EuroAsia interconnector project (€ 657 million) to support the first electricity interconnection between Cyprus and the European grid.

Read the full press release for all the details about the selected projects.