Greek transmission operator ADMIE has secured equipment for projects worth about €3.5 billion, reducing procurement risk across more than half of its €6 billion investment programme through 2029.
The operator has moved early to reserve production capacity for critical equipment, particularly high-voltage cables, as European manufacturing capacity remains tight.
Contracts cover AC cables for the Dodecanese and Northeastern Aegean interconnections and the DC cable system for the 1 GW Corinth-Kos link.
Funding for the 2026-2029 programme includes a €530 million capital increase at ADMIE Holdings, its proportional participation in ADMIE’s €1 billion capital increase and financing from the European Investment Bank.
The roughly 1,290-km Corinth-Kos project is moving forward, while the Northeastern Aegean interconnection linking Lemnos, Lesvos, Chios, Skyros and Samos is targeted for completion in 2030.
ADMIE and Terna are also developing a second 1 GW Greece-Italy interconnector, with commercial operation currently targeted for 2033.
The procurement strategy highlights cables and manufacturing slots as increasingly important constraints on Europe’s transmission expansion.
