The special purpose vehicle with company name “CRETE-ATTICA ELECTRICAL INTERCONNECTION ARIADNE SPECIAL PURPOSE LIMITED COMPANY” titled as “ARIADNE INTERCONNECTION S.P.L.C” has been appointed by the Regulatory Authority of Energy as the project implementation vehicle of the Attica-Crete interconnection with the decisions 816/2018 and 823/2018. ARIADNE INTERCONNECTION was founded in September 2018 as a subsidiary of ADMIE S.A.
The timeline of the project defines that the commissioning of the interconnection should be done within 2022 while the tenders for the turn-key implementation of Converter Stations and HVDC cables will be launched soon.