Santander calls for regulatory changes in Brussels to attract investment in electricity interconnections
Santander met with Teresa Ribera's cabinet on 13 October to discuss the need for long-term revenue guarantees to encourage major funds to invest in electricity interconnection projects.
Santander has urged the European Commission to implement regulatory changes that would facilitate investment in electricity interconnections. The call was made during a meeting with Teresa Ribera's cabinet in Brussels on 13 October.
The bank emphasised the importance of ensuring long-term revenue guarantees to attract significant investment from large funds into these interconnection projects, which are vital for enhancing the electricity network across Europe.
Electricity transmission towers located near Figueres in Catalonia are part of the interconnection network with France, highlighting the strategic importance of such infrastructure in improving energy distribution and reliability.
