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EU-Funded Subsea Electricity Cable Connecting Europe to Eastern Mediterranean

Sector: Power Transmission • Location: Cyprus

Source: tovima.com

Project
Under Construction

A European Union-funded subsea electricity cable project aiming to connect Greece with Cyprus and later Israel. The project is estimated at €1.9 billion and would become the world's longest and deepest high-voltage subsea cable, stretching 1,240 kilometers and reaching depths of 3,000 meters. Cyprus is exploring cooperation with the UAE for potential joint partnership and investment related to the

Status
Under Construction
Sector
Power Transmission, Power Generation (CCGT), Government
Location
Cyprus
Updated
22 Jul 2026
Source
tovima.com

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The project “EU-Funded Subsea Electricity Cable Connecting Europe to Eastern Mediterranean” is an infrastructure initiative in the Power Transmission sector, located in Cyprus. Taiyo aggregates data on it from tovima.com.

Participants

Sponsoring Agency

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A European Union-funded subsea electricity cable project aiming to connect Greece with Cyprus and later Israel. The project is estimated at €1.9 billion and would become the world's longest and deepest high-voltage subsea cable, stretching 1,240 kilometers and reaching depths of 3,000 meters. Cyprus is exploring cooperation with the UAE for potential joint partnership and investment related to the project. Construction is led by Greece's Independent Power Transmission Operator (IPTO), which took over in late 2023 from a Cyprus-based developer.

Original sector

Energy

Budget

Location

Country

Cyprus

Source

Source

tovima.com

URL

More Details

Record type

Project

Sector

Power Transmission, Power Generation (CCGT), Government

Article published date

2025-09-16

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