EU to Embrace Greece-Egypt Energy Hyperlink on Mutual Curiosity Checklist

The European Union proposed to incorporate a plan to hyperlink the ability grids of Greece and Egypt on an inventory of so-called initiatives of mutual curiosity, a transfer that can assist safe licensing and funding.

Elica SA, a part of Greece’s Copelouzos Group, is challenge developer for the subsea hyperlink referred to as the GREGY Interconnector. The listing can be despatched to the European Parliament and the European Council for ratification, Copelouzos stated in a press release.