GREGY Interconnector
identity and ownership| Market | Egypt |
| Region | Northern Africa |
| Power pool | COMELEC;EAPP |
| Technology | Gridsource ↗ · other press · C |
| Sponsors / owners | Copelouzos Group; Elica Interconnector; IPTO; Egyptian Electricity Transmission Company; Infinity Powersource ↗ · other press · C |
| Offtaker | Research pending |
| Programme | Research pending |
Contracting
reported terms only| PPA signed | Research pending |
| PPA tenor | Research pending |
| Tariff | Research pending |
| Offtake structure | Research pending |
| Revenue currency | Research pending |
| FX / indexation | Research pending |
Project finance
reported values are not estimates| CAPEX | Research pending |
| Debt | Research pending |
| Equity | Research pending |
| Debt tenor | Research pending |
| Lenders | Research pending |
Procurement and security
| Procurement route | Research pending |
| Payment security | Research pending |
| Guarantee provider | Research pending |
Milestones
| Financial close | Research pending |
| Commercial operation | Research pending |
| Current status | early developmentsource ↗ · other press · C |
Verification
| Finance source tier | Research pending |
| Verification | Research pending |
| Information status | Research pending |
| Last verified | Research pending |
| Evidence | Open original source ↗ |
Latest project activity
linked from deals, wire and DFI disclosures| Date | Update | Evidence |
|---|
| 2026-07-19 | wire 📗📘📒♀️Egypt is actively developing the GREGY interconnection, a 950 to 1,400-km subsea cable that will link Saharan Solar and Wind farms directly to Europe. Scheduled for execution in 2027, the €3.5 billion project will t | source ↗ other press · C |
| 2026-07-19 | wire Egypt has built an electricity interconnector across the Mediterranean to Europe, and it turns the country's geography into something new. The Egypt to Greece link, known as GREGY, is a 3 gigawatt high voltage direct cur | source ↗ other press · C |
Status history
append-only audit| Date | Transition | Evidence |
|---|
| No verified status transition has been recorded yet. |