Nexans confirms rescheduling of GSI, delivery slips beyond 2029

French cable manufacturer Nexans on Tuesday formally acknowledged that the delivery schedule for the Great Sea Interconnector (GSI) linking Greece and Cyprus’ power supplies is being renegotiated with its client, confirming that the project will be completed later than originally planned.

Nexans said a rescheduling of activities is underway with Greece’s independent power transmission operator Admie, a process which will inevitably delay completion beyond the previously targeted late 2029 or early 2030 timeframe.