The timeline for the Great Sea Interconnector (GSI), the flagship undersea power link
The timeline for the Great Sea Interconnector (GSI), the flagship undersea power link connecting Greece and Cyprus, is being revised following a rescheduling of activities by Nexans, the French company responsible for building the project’s cable section.
In a statement issued Monday, Nexans said it is “working closely with its customer to evaluate the best available options for a revised execution schedule,” noting that the changes will affect the project’s delivery date.
The announcement marks the first official confirmation of a shift in the timetable for the Greece – Cyprus electricity interconnection, a key infrastructure project designed to strengthen energy security in the Eastern Mediterranean.
What Nexans said
According to Nexans, the project continues to be carried out in line with its contractual obligations and milestones set since 2023. However, a reprogramming of activities is underway, prompting a reassessment of the execution schedule.
The company stressed that it remains fully committed to the project and is coordinating closely with its client to manage the changes. Nexans added that the revised timeline will not affect its 2028 financial targets, citing a strong order backlog and mitigation measures that will take effect starting in 2026.
Nexans said it will present
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