ADMIE's Commitment to Relocate Great Sea Interconnector Headquarters to Cyprus
February 11, 2025
Recent developments regarding the Great Sea Interconnector indicate that ADMIE is prepared to accept the Cypriot government's proposals to relocate its headquarters to Cyprus. This will allow for better handling of legal matters by Cypriot courts and facilitate funding from investors. It is expected that this move will occur alongside the transfer of ownership of the interconnection to GSI. Recent statements reaffirm the commitment to implement the project under the agreed terms.