Island Decarbonization Fund: Investments of €5 billion in interconnections, RES, water supply, and reduction of electricity bills

Island Decarbonization Fund: Investments of €5 billion in interconnections, RES, water supply, and reduction of electricity bills

Investments of over 5 billion euros in renewable energy sources, electrical connections, and water supply infrastructure on the islands, as well as the reduction of electricity bills for all consumers by gradually limiting charges for Public Utility Services, will be the results of the operation of the Island Decarbonization Fund. The agreement for the establishment of the Fund was signed in Naxos.