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Cyprus Transfers Great Sea Interconnector to Greek ADMIE

10/11/2025

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Summary

Story summary

RAEK, Cyprus’ energy regulator, approved transferring the Great Sea Interconnector’s ownership and management licenses to the ADMIE grid operator of Greece.
The decision follows a meeting of Greek and Cypriot energy ministers who agreed to resolve outstanding issues.
ADMIE must meet obligations, including a code of conduct and annual progress and finances reports.
The changes take effect immediately, with a 45-day period for formal completion.

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Story summary

RAEK, Cyprus’ energy regulator, approved transferring the Great Sea Interconnector’s ownership and management licenses to the ADMIE grid operator of Greece.
The decision follows a meeting of Greek and Cypriot energy ministers who agreed to resolve outstanding issues.
ADMIE must meet obligations, including a code of conduct and annual progress and finances reports.
The changes take effect immediately, with a 45-day period for formal completion.