Greece seeks cost review of undersea power link in pursuit of investors
Greece will hire an external adviser to review costs for a stalled project to build one of the world’s largest undersea power cable and link mainland Europe to Cyprus, ...
Nexans confirms rescheduling of GSI, delivery slips beyond 2029
French cable manufacturer Nexans on Tuesday formally acknowledged that the delivery schedule for the Great Sea Interconnector (GSI) linking Greece and Cyprus’ power supplies is being renegotiated with its client, ...
Nexans CEO: Great Sea Interconnector project still on track
The new CEO of the company manufacturing the cable for the Great Sea Interconnector (GSI) insisted on Thursday that the project is still live and that there is “no Plan ...
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Admie suspends interconnector payment to Nexans over Turkish interference
Greece’s Independent Power Transmission Operator (Admie), the project promoter for the Great Sea Interconnector, has suspended payments to French company Nexans responsible for manufacturing and installing the submarine cable ...
Deal signed for EuroAsia Interconnector, but costs spiral (Update 2)
By Andria Kades and Iole Damaskinos
EuroAsia Interconnector signed a record-breaking subsea cable deal with Nexans on Wednesday, however the positive development was overshadowed by Energy Minister George Papanastasiou confirming ...