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FX Daily Updates
TAQA interested in investing electricity connection project by 2029, Cyprus energy minister says
georgemiller
Publish Date: Thu, 27 Feb 2025, 07:57 AM

ABU DHABI, Feb 27 (Reuters) - Cyprus's Energy Minister, George Papanastasiou, said on Thursday that Abu Dhabi's TAQA (TAQA.AD) , opens new tab is interested in investing in and supporting the delivery of an electricity connection project the country is developing.
The project is the Great Sea Interconnector (GSI)cable which will link transmission networks of Europe to Cyprus in a project costing 1.9 billion euros ($2.12 billion), and later stretch to Israel.
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https://www.reuters.com/business/energy/taqa-interested-investing-electricity-connection-project-by-2029-cyprus-energy-2025-02-27/