EIB confirms new support for energy investment across Greece.
The start of Balticconnector’s construction phase was celebrated on 8th of June 2018 in Inkoo, Finland on the compressor station worksite with a groundbreaking ceremony. The European Commission Vice-President for Jobs, Growth, Investment and Competitiveness, Jyrki Katainen, the Minister of the Environment, Energy and Housing of Finland, Kimmo Tiilikainen, and the Minister of Economic Affairs and Infrastructure of Estonia, Kadri Simson, attended the event.
The European Commission is releasing today €500 million of funding for cross-border energy infrastructure. The projects will strengthen the EU’s internal energy market, enhance security of energy supply, and help provide clean, sustainable energy for Europe. The 2018-2 CEF Energy call for proposals (CEF-Energy-2018-2) under the Connecting Europe Facility (CEF-Energy) will be open until 11 October 2018.
As part of the next long-term EU budget 2021-2027, the European Commission is today proposing to renew the ‘Connecting Europe Facility’, with €42.3 billion to support investments in the European infrastructure networks for transport (€30.6 billion), energy (€8.7 billion) and digital (€3 billion).