Greece and Cyprus Sign Agreement for Power Interconnector with French Investment
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.
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Mitsotakis after Meridiam buy-in: Interconnector will end Cyprus’ energy isolation
Greek Prime Minister Kyriakos Mitsotakis on Wednesday declared that the planned Great Sea Interconnector project will “end Cyprus’ energy isolation”, after French asset management firm Meridiam took a controlling stake in the project’s holding company. “The project will put an end to Cyprus’ energy isolation and strengthen the energy security of the eastern Mediterranean and […]
Read full article →Greece–Cyprus power interconnection agreement signed: Mitsotakis says Meridiam’s investment is a strong vote of confidence in Greece
The French infrastructure giant acquires a majority stake in Great Sea Interconnector, strengthening the project's financial backing and accelerating the strategic electricity link between Greece and Cyprus The post Greece–Cyprus power interconnection agreement signed: Mitsotakis says Meridiam’s investment is a strong vote of confidence in Greece appeared first on ProtoThema English.
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