5 Minute News

ADMHE Seeks Funding for Greece-Cyprus Interconnection Study

May 12, 2026

ADMHE has received approval to apply for funding from the EIB for a study on the electricity interconnection between Greece and Cyprus. The funding will clarify the project's economic parameters and potentially allow for the involvement of new investors. The European Commission continues to support the project, considering it strategically important for Cyprus's energy security. The Energy Ministers of Cyprus and Greece confirmed their collaboration with the EU. Details regarding the project's costs are expected in the coming weeks.