Tag Archives: underground cables

EIB Finalizes €405 Million Loan to Power Poland’s Energy Transition with Major Grid Upgrades

(IN BRIEF) The European Investment Bank has signed a loan agreement of 1.7 billion Polish zlotys (€405 million) with Orlen, which will finance major upgrades to Poland’s electricity network through its subsidiary, Energa Operator. This installment is the final tranche … Read the full press release

Terna Secures Approval for Major Power Line Modernization Project to Improve Naples’ Electrical Infrastructure

(IN BRIEF) Terna has received approval from the Italian Ministry of the Environment and Energy Security for a major project to modernize the 220 kV “Patria – Sant’Antimo” power line in Naples. The project will involve the construction of an … Read the full press release

Icelandic energy company RARIK to replace overhead lines with underground cables using €20m Nordic Investment Bank loan

(IN BRIEF) The Nordic Investment Bank has signed a €20 million loan agreement with Icelandic energy company RARIK to replace overhead electricity lines with underground cables. This will improve security of electricity supply in both rural and urban areas of … Read the full press release