Funding is close to completion for a planned €1.005bn ($1.1bn), 200km, 600 MW bidirectional High-Voltage-Direct Current (HVDC) subsea interconnection between Tunisia’s Cap Bon and Sicily.

The London-based EBRD development bank this week became the latest multilateral to sign up to the project, which is being jointly advanced by Tunisian state power firm STEG and Italian counterpart Terna. (CONTINUED - 382 WORDS)