A months-long round of negotiations between Athens and Paris aimed at improving the conditions for the Greece-Cyprus electricity interconnection project ended with an agreement signed Wednesday for the entry of French investment group Meridiam and its acquisition of a majority stake in the Great Sea Interconnector (GSI).

The bid to link the power grids of Greece and Cyprus received a new boost Wednesday with French investment group Meridiam joining the Great Sea Interconnector project as a…

French investment group Meridiam has agreed to become the majority shareholder in Great Sea Interconnector (GSI), the company developing a subsea electricity link between Greece…