Global Trade Alert
Global Trade Alert

Greece: EIB and Independent Power Transmission Operator SA signed a EUR 1.9 billion loan for the interconnection of the Dodecanese islands with the Greek mainland electricity grid

Announcement

05 Feb 2026

In February 2026, the EIB and Independent Power Transmission Operator SA signed a EUR 1.9 billion loan to support the interconnection of the Dodecanese islands with the Greek electricity transmission system. The project includes the development of transmission lines, substations, and submarine cables to improve energy supply reliability and enable the integration of renewable energy.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Feb 2026

Revocation date:

No revocation date

Updated: 05 Feb 2026
State loan In force

Recent update from 05 Feb 2026:

On 5 February 2026, the European Investment Bank (EIB) and Independent Power Transmission Operator SA signed a EUR 1.9 billion (USD 2.2 billion) loan. The loan will finance the interconnection of t...

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