Paris Times

Liberté, Égalité, Fraternité
Thursday, Jul 17, 2025
Paris Times
EIB Invests €1.6 Billion in Spain-France Power Interconnector

EIB Invests €1.6 Billion in Spain-France Power Interconnector

Project aims to enhance cross-border electricity exchange capacity
The European Investment Bank has announced a €1.6 billion investment to support the construction of the Bay of Biscay interconnector, a 400-kilometer project aimed at increasing the electrical exchange capacity between France and Spain by 2.2 gigawatts.

The initiative seeks to strengthen energy security and integration within the European grid.
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