TAQA mulls shareholder status in 900 km Greece-Cyprus interconnector

TAQA, an Abu Dhabi-based energy company, has signed a memorandum of understanding to explore the possibility of becoming a shareholder in the €1.9 billion ($3.08 billion) Greece and Cyprus high-voltage direct current (HVDC) electricity interconnection.Abu Dhabi-based energy company TAQA announced today in a press release it signed a memorandum of understanding (MoU) stating it would explore being a shareholder in the 900-kilometre HVDC electricity interconnector between Greece and Cyprus. The project is currently in its "advanced stage" of construction and will cost €1.9 billion to build, according ...

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