
The energy regulator on Thursday gave a provisional green light to the payment by Cyprus of €25 million to the project promoter for the Great Sea Interconnector, the planned subsea electricity cable linking the island to Greece.
In a statement, the Cyprus Energy Regulatory Authority (Cera) said it has approved the payment of €25 million for the period January 1, 2025 through to December 31, 2025.
However, the payment will