In order to support the construction of an electricity interconnector between Norway and Germany, the European Investment Bank (EIB) has signed a €100 million financing agreement with TenneT, a leading European electricity transmission system operator, the European Commission said on August 14.

The Juncker Plan's European Fund for Strategic Investments (EFSI) supports this transaction.

“This smart combination of renewable power generation – solar and wind in Germany and hydroelectric in No...