3.

For a project of common interest to which paragraph 1 applies, the project promoters shall keep all concerned national regulatory authorities regularly informed, at least once per year, and until the project is commissioned, of the progress of that project and the identification of costs and impacts associated with it. As soon as such a project has reached sufficient maturity, the project promoters, after having consulted the TSOs from the Member States to which the project provides a significant net positive impact, shall submit an investment request. That investment request shall include a request for a cross-border cost allocation and shall be submitted to all the national regulatory authorities concerned, accompanied by the following: a project-specific cost-benefit analysis consistent with the methodology drawn up pursuant to Article 11 and taking into account benefits beyond the borders of the Member State concerned; a business plan evaluating the financial viability of the project, including the chosen financing solution, and, for a project of common interest falling under the category referred to in Annex II.2, the results of market testing; and if the project promoters agree, a substantiated proposal for a cross-border cost allocation. If a project is promoted by several project promoters, they shall submit their investment request jointly. For projects included in the first Union list, project promoters shall submit their investment request by 31 October 2013. A copy of each investment request shall be transmitted for information without delay by the national regulatory authorities to the Agency on receipt. The national regulatory authorities and the Agency shall preserve the confidentiality of commercially sensitive information.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.