Overview

• The board signed off on addenda with Eurolink, Parsons Transportation Group, Edison Next Environment, Marsh and the Infrastructure Ministry’s convention including the economic-financial plan.
• The total €13.5 billion investment remains fully secured by the 2025 Budget Law and the company’s 2023 capital increase.
• A CIPESS vote set for early August is now the critical step before the project can move into construction.
• Once cleared by CIPESS, the project will receive a public utility declaration and proceed with expropriations affecting about 250 houses in Torre Faro.
• After CIPESS approval, the plan must still pass through the State Accounting Office and the Court of Auditors before being published in the Official Gazette.