The project has secured funding from the Connecting Europe Facility (CEF) 2021-2027.

In the last 1.5 years, the coverage of domestic needs has never required more power of thermal units than what the currently available gas units can offer (6 GW).

Under study-auction, as a public project or with PPP 14 dams, with a budget of €626 million.

The criteria and subsidy rates

The entire design and configuration has been assigned to the joint venture contractor Terna Energy - Indigital - Amco.

SCIF was one of the first funds in the world to target this emerging asset class.

Europe steps ahead the USA.

The concession period is 35 years, of which five years (60 months) are the design-construction period