Asso.Subsea Partners with GAP Consortium for Crucial

The GAP Consortium and Asso.subsea have signed a Memorandum of Understanding (MoU) to cooperate on the two gigawatt (2 GW) power interconnection between Greece and Egypt (Greece-Africa Power Interconnector – GAP).

Founded by Eunice Energy Group, GAP is a transnational consortium between Greece and Egypt that aims to contribute to regional energy security and stability by facilitating the intercontinental transfer of clean energy.

As part of the consortium, Asso.subsea, a submarine cable installation, protection, repair and support company, will provide its design and construction guidance expertise to the project.

Andrew Borgeas, CEO of Greece-Africa Power (GAP): “This is a partnership that significantly strengthens the international consortium building GAP. The Memorandum of Understanding (MoU) between Asso.subsea and the consortium is a further step to ensure the energy independence of Greece and Europe.”

Alexandros Tziotakis, General Manager of Αsso.Subsea Limited, added: “We are delighted to have the opportunity to work with the GAP consortium and together contribute to the effective implementation of critical infrastructure for the entire region. The subsea interconnector is considered to be of crucial importance for the Greek and European energy markets.”