Government Minister highlights NeuConnect as a key project in UK’s net zero ambitions
NeuConnect was today included as one of the “top notch green investments” supporting the UK’s net zero ambitions in an article by the UK Government’s Minister for Investment Lord Grimstone.
Lord Grimstone’s article entitled “Investment has never been greener” outlines the steps being taken by the UK Government to “take sustainable and green opportunities to global investors as we work to meet our Net Zero ambitions in the UK”.
NeuConnect is one of 5 projects highlighted by the Minister who comments that “we can be proud that the UK investment environment has continued to attract top notch green investment”.
Lord Grimstone’s full article is available to read here.
NeuConnect is a 1.4GW interconnector that will create the first direct link between the UK and German electricity networks. By integrating renewable energy sources in Germany and the UK, NeuConnect will help deliver a more diverse, resilient and sustainable electricity supply, while also helping to lower costs for consumers and businesses.
NeuConnect is being developed by an international, experienced consortium that includes Meridiam, Allianz Capital Partners on behalf of Allianz Group and Kansai Electric Power, with the project also supported by Greenage Power and Frontier Power as developers.