Energy bridge joint venture

Poland and Lithuania have established a joint venture responsible for connecting three EU Baltic countries to the circuit of the rest of the European Union. The company, called LitPol Link, will be responsible for the construction of an "energy bridge" between the two countries.

 The €237 million interconnection of the power grids requires the building of €71 million worth of power lines in Poland and €166 million worth in Lithuania. Both countries expect that EU grants will pay for the project.