French asset management firm Meridian takes majority share in interconnector

French asset management firm Meridian took a majority share in the Great Sea Interconnector on Wednesday, buying Greece’s independent transmission system operator (Admie) out of its controlling stake. The deal puts Meridian, which prior to Wednesday’s signing boasted a portfolio of assets worth around US$23 billion (€19.9bn), in the project’s driving seat, ending Admie’s almost […]