Europe’s First DC Power Bridge to Africa + Fresh €55m for Tunisian SMEs: What Italy–Tunisia’s ELMED Cable and New Credit Line Mean for Growth, Jobs and Energy Prices
Terna and STEG awarded Prysmian a conditional €460 million contract to install the ELMED subsea power cable linking Sicily and Tunisia, with commissioning targeted by 2028. The 600 MW HVDC link will run about 200–220 km at depths up to 800 meters. The project draws €307.6 million from the EU and World Bank funding for Tunisian infrastructure. Italy also launched a €55 million credit line for Tunisian SMEs.
