EU to invest billion euros in Green Deal cross-border energy infrastructure
The European Commission said Jan. 26 that EU member states have agreed to spend Eur1.037 billion ($1.16 billion) in cross-border energy infrastructure projects, with two-thirds of cash from the Connecting Europe Facility going toward a subsea power interconnector to Cyprus. The EuroAsia Interconnector, which connects Cyprus to the European grid through Crete, received Eur657 million, …
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