5 Minute News

Details on ADMIE and Meridiam Agreement

September 20, 2026

RAEK and the Greek RAAEY are requesting details regarding the agreement between ADMIE and the French company Meridiam for 66% of GSI shares. ADMIE has not responded to the letter sent 25 days ago. The regulatory authorities seek to understand Meridiam's financial involvement in the Cyprus-Greece interconnection project. Furthermore, they are inquiring whether there are any conditions linked to the approval of the agreement. Lastly, they expect clarification on the validity of the Concession Agreement.