Official M. Manousakis highlighted the strategic importance of the French firm Meridiam's involvement in realizing the Greece-Cyprus electricity interconnection, alongside broader investment plans for regional links.
An energy expert has called for a reality check on the Great Sea Interconnector project, despite recent developments like the entry of French firm Meridiam, citing lingering questions.
The Great Sea Interconnector (GSI) has entered a new phase. The recent decision by French infrastructure investor Meridiam to become the project’s 66 per cent majority shareholder has renewed…
The entry of French investor Meridiam has given 'new momentum' to the Great Sea Interconnector, an electrical cable project connecting Greece, Cyprus, and Israel. This development is seen as a significant boost, addressing previous doubts and accelerating the project's timeline.
French infrastructure investor Meridiam SAS is reportedly among the entities considering a bid for Istanbul's two iconic Bosporus bridges. This potential acquisition highlights interest in Turkey's key infrastructure assets.
A revised implementation formula for the Greece-Cyprus electricity interconnector is under review, featuring increased involvement from French company Meridiam. The project aims to strengthen regional energy integration and grid stability.
The entry of French company Meridiam with a 66% stake has given new momentum to two critical ADMIE projects: the Great Sea Interconnection and the acceleration of the Dodecanese electrical backbone.
Cyprus authorities were reportedly caught unaware by a deal in which French investment group Meridiam took over two-thirds of the shareholding in the Great Sea Interconnector (GSI) from Greece’s state-owned Admie.
An agreement has been signed between Greece and Meridiam for the electricity interconnection project between Greece and Cyprus, which Minister of Environment and Energy Stavros Papastavrou stated creates new and strong momentum for its acceleration and implementation.
Greek Prime Minister Kyriakos Mitsotakis praised an agreement for French asset management firm Meridiam to become the majority shareholder in the company behind the Great Sea Interconnector (GSI), highlighting its importance for the Cyprus-Greece electricity connection.
A roadmap for GSI is being discussed following the entry of France’s Meridiam, addressing outstanding issues in Cyprus and Israel, including maritime surveys and investment decisions.
The development of an electrical interconnection project, the Great Sea Interconnector, is moving forward with the support of French investment group Meridiam as the majority shareholder.
Greece and Cyprus have signed an agreement for the EuroAsia Interconnector, a major electrical interconnection project, with the French group Meridiam acquiring a significant stake. Greek Prime Minister Mitsotakis stated that this project will end Cyprus's energy isolation and enhance Greece's role as an energy hub.