Tunisia-Italy Elmed Project Advances with €1.42 Billion Estimated Cost

On 8 November 2026, reporting confirmed progress on the Elmed electricity interconnector between Tunisia and Italy, with the overall project cost estimated at €1.42 billion. The main contracts include approximately €770 million for converter stations awarded to Hitachi Energy and approximately €460 million for the submarine cable awarded to Prysmian. HPC can support financial advisers, infrastructure investors and suppliers seeking opportunities in large-scale cross-border energy projects.

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