FINFLY WATCH

Black Sea electricity cable

The interconnection with Europe is tracked through preparatory steps: research funding is not financing and completion of the entire submarine link.

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  1. Investment decision / financing

    The World Bank program page identifies this date as a survey deadline. It explicitly says it is not a virtual-event date; it is not a cable launch either.

    Evidence ↗
  2. Investment decision / financing

    The World Bank approved $35 million for preparatory activities in Georgia, not the construction budget for the entire link.

    Evidence ↗
  3. Announced

    Azerbaijan, Georgia, Romania and Hungary signed an agreement on green energy development and transmission.

    Evidence ↗