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Sep 2026
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Greece–Cyprus Cable: The “Formula” for Restarting the GSI and the Role of French Company Meridiam

The formula under consideration calls for more active involvement by Meridiam, which is expected to notify the countries in the region, including Greece and Turkey, by letter about the work required for the project’s implementation to move forward

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

French Meridiam acquires 49.9% of the Great Sea Interconnector

Meridiam, which invests in infrastructure, is set to acquire a 49.9% stake in the Great Sea Interconnector project, while IPTO (Independent Power Transmission Operator - ADMIE)) will retain a 50.1% share, according to Bloomberg on condition of anonymity, as the deal has not yet been officially announced