What Meridiam’s Great Sea Interconnector takeover means for the Cyprus link

On September 27, 2025, it was announced that CERA had made two significant decisions, granting an ownership licence and a management licence for the electricity interconnection to Great Sea Interconnector (GSI). At the time, IPTO owned 100% of GSI.
Since yesterday, following a surprise agreement signed between IPTO and French investment firm Meridiam in the presence of Greek Prime Minister Kyriakos Mitsotakis, the majority of GSI’s shares (66%, according to some reports) belong to the French...
This is a summary. Read the full article at in-cyprus.
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