As stated by the EIB, the project consists of the interconnection of the islands of Kos, Rhodes and Karpathos with the Hellenic Electricity Transmission System. The project consists of two converter stations (Corinth and Kos), two High-Voltage-Direct-Current submarine cables (Corinth to Kos), two Gas-Insulated Switchgear substations (Kos and Karpathos), four submarine cables (Kos to Rhodes, and Rhodes to Karpathos), and an overhead transmission line in Corinth.

The project contributes to the energy and climate policy objectives of the European Union and Greece. It is expected to eliminate the electrical isolation of the concerned islands, ensure a more efficient, reliable and clean electricity supply in comparison to the status quo (local diesel or high-fuel oil power stations), improve security of supply, increase the hosting capacity for connection of Renewable Energy Sources in the region, and contribute to the further economic development of the concerned islands, particularly via tourism.

According to the EIB, the impacts that can be typically expected relate to visual impact, vegetation clearance, collision and electrocution of flying vertebrates, electromagnetic fields, noise nuisance, and disturbances during construction, as well as the possible impacts on protected fauna and flora.

As stated by Bloomberg, Independent Power Transmission Operator S.A provides utility services. The Company distributes electricity to residential, commercial, and industrial customers. Independent Power Transmission Operator serves customers in Greece.

As stated on the company's website, the Independent Power Transmission Operator S.A. (IPTO) was established with Law 4001/2011 and was organized and operates as an Independent Transmission Operator in line with the provisions of EU Directive 2009/72/EC.

No project contacts provided at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm

ACCOUNTABILITY MECHANISM OF EIB

The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address: complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf

When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces