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Energie: Neuer Investor, neuer Investitionsantrag: Neustart für Stromkabel im Mittelmeer

Der Investor Meridiam steigt bei der schon länger geplanten Stromverbindung von Europa über Zypern nach Israel, GSI, ein. Zudem gibt es einen neuen Investitionsantrag. Doch Risiken bleiben.

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Energie: Neuer Investor, neuer Investitionsantrag: Neustart für Stromkabel im Mittelmeer

The Great Sea Interconnector (GSI) project, an ambitious European energy initiative connecting Greece, Cyprus, and Israel, is making a fresh start after a prolonged hiatus. The Greek transmission system operator IPTO has submitted an investment application for the second section between Cyprus and Israel to the regulatory authorities in both Cyprus and Israel.

Recently, French infrastructure investor Meridiam, which holds a 66% stake in the project, increased its involvement with a 3.05 million euro investment, bringing new momentum to the stalled project marred by delays, financing issues, and geopolitical tensions.

The EU has identified the GSI as a project of common interest and has indicated potential funding of 658 million euros. Meridiam's entry not only enhances the project's financial prospects but also adds greater political weight. The first section linking Greece and Cyprus passes through a sea area that Turkey considers part of its economic zone, in violation of UN Law of the Sea regulations.

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