The Cyprus Energy Regulatory Authority (CERA) announced on Thursday its decision to approve the recovery of actual investment expenditures amounting to €82 mln for the for the Great Sea Interconnector project, based on the data submitted by the Implementing Body, the Independent Power Transmission Operator (IPTO), up to July 21, 2025. CERA set the ceiling for payments for the period from January 1, 2025, to December 31, 2025, at €25 mln, on the condition that the Implementing Body obtains the Owner’s License and the Interconnector Line Operator License.