Partners Group to invest in 500 MW subsea interconnector between Great Britain and Ireland
Partners Group has provided equity financing for the Greenlink Interconnector, a project to construct a 500 MW subsea interconnector between Ireland and Great Britain. To-date, Greenlink has been developed by Element Power, together with funds managed by Hudson Sustainable Investments, the other major shareholder in Greenlink.
Greenlink will use a subsea high-voltage direct current (HVDC) cable system to connect the power markets of Ireland and Great Britain, improving the security of electricity supply in both countries and reducing average electricity costs for consumers. It will stretch approximately 200km underground and under the sea between County Wexford in Ireland and Pembrokeshire in Wales.
Construction is scheduled to commence in 2020 and is expected to be completed by 2023.
Country updates
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April 01, 2019
RES acquires REG Power Management's asset management business and 43 operational wind and solar projects
RES has acquired REG Power Management's (RPM) asset management business and with it contracts to manage a portfolio of 43 operational wind and solar projects, increasing its renewable energy support s...
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April 01, 2019
CIP, FCC Environment reaches FC for Lostock EfW project
The joint venture of Copenhagen Infrastructure Partners (CIP) and FCC Environment announce the financial close of its energy-from-waste project that will be developed in Lostock, Cheshire. ...
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March 28, 2019
Greencoat UK Wind completes acquisition of three Scottish wind projects
Greencoat UK Wind Plc has announced the completion of the acquisition of 49.9% stakes in the Stronelairg and Dunmaglass wind farms from SSE, in partnership with a UK pension fund whose investment is m...
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March 28, 2019
Rookery South ERF reaches financial close
The Rookery South Energy Recovery Facility project in Bedfordshire, UK has reached a financial close. The project features a moving grate combustion technology. It can accommodate up to 480,000 metri...
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March 26, 2019
Alaska Permanent Fund Corporation invests in GIP and EQT funds
Alaska Permanent Fund Corporation (APFC) has announced its US$675 million investment into infrastructure funds managed by Global Infrastructure Partners (GIP) and EQT. The APFC will be injecting US$5...
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