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Meridiam, France Buy Majority Stake in Great Sea Interconnector

9/9/2026

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Summary

Story summary

Greece and France's Meridiam acquired a majority stake in the Great Sea Interconnector, without Cyprus signing.
Cyprus' government has not responded to reports that it no longer supports the Great Sea Interconnector.
Opposition party AKEL demanded a parliamentary briefing from Finance Minister Makis Keravnos on the interconnector.
Sources say redesign options could bypass Cyprus, linking Israel directly to Crete or to the GREGY cable.

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Story summary

Greece and France's Meridiam acquired a majority stake in the Great Sea Interconnector, without Cyprus signing.
Cyprus' government has not responded to reports that it no longer supports the Great Sea Interconnector.
Opposition party AKEL demanded a parliamentary briefing from Finance Minister Makis Keravnos on the interconnector.
Sources say redesign options could bypass Cyprus, linking Israel directly to Crete or to the GREGY cable.