The Commission will allocate almost €1.25 billion in grants from the Connecting Europe Facility (CEF) to 41 cross-border energy infrastructure projects, which have obtained the status of Projects of Common Interest and Projects of Mutual Interest (PCIs and PMIs) in 2024 under the Trans-European Networks for Energy (TEN-E) policy framework.

This is the largest call for proposals under the current CEF Energy programme, both in terms of applications received and funding awarded and goes beyond the call's initial indicative budget of €850 million. It is also the first call under the revised TEN-E Regulation which includes hydrogen and offshore electricity grid projects. 

As underlined by the Draghi report, such cross-border energy infrastructure investments are key to securing Europe's competitiveness. They will contribute to the EU's goals of integrating energy markets and decarbonising the energy system.