Greenlink electricity interconnector between Wexford and UK sold in €1bn deal

Undersea power cable entered operations in January and will have a projected capacity to power 380,000 homes

Greenlink Interconnector chief executive James O'Reilly said the company is looking forward to working with Equitix and Baltic Cable as the interconnector project enters its commercial operations phase. 

The Greenlink undersea electricity interconnector cable which runs between Wexford and the UK has been purchased by Equitix and Baltic Cable in a deal estimated to be worth €1bn.

The agreement with the private developers of the project, Partners Group, will take over the 504 MW electricity interconnector which runs from Wexford to Pembrokeshire on the Welsh coast, and which is likely to have a capacity to power 380,000 homes.