Meridiam has entered into the shareholding structure of the company responsible for the implementation of the electric interconnection project between Greece, Cyprus and Israel, according to media outlets.
The Great Sea Interconnector, formerly known as the EuroAsia Interconnector, is a 2,000-megawatt multi-terminal electricity interconnection that will be 890 kilometers (553 miles) long and up to 3,000 meters (10,000 feet) deep.
Meridiam is also a partner on the NeuConnect project, the first-ever energy link between the United Kingdom and Germany.
In other news, Allego, a provider of electric vehicle charging network, and Madeleine Charging B.V., Allego’s majority shareholder, have entered into a transaction framework agreement pursuant to which Meridiam will launch a tender offer for all the issued and outstanding ordinary shares of Allego that are not owned by Meridiam or its affiliates. After this, Allego will voluntarily delist the shares from the
