Greenlink interconnector project secures investment from Partners Group

14/03/2019 10:34 Electricity Market

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Partners Group has acquired an undisclosed stake on the behalf of its clients in the Greenlink interconnector project, a proposed 500MW power interconnector, which will link the Irish and the UK power markets.

Element Power and its owner Hudson Sustainable Investments will retain the remaining stake in the Greenlink interconnector project, which will be a subsea and underground high voltage direct current (HVDC) interconnector.

 

A financial close and the start of construction of the €400m interconnector project are expected to be achieved in the second half of 2020. The project is slated to be commissioned in 2023 following construction for about three years.

 

The Greenlink interconnector project will be laid nearly 200km underground and under the sea between County Wexford in Ireland and Pembrokeshire in Wales.

Source: compelo.com

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