NeuConnect’s global investors today met with UK Government senior officials from the Department for Business and Trade and Office for Investment, offering chance to discuss NeuConnect’s key role in supporting:

• The UK’s energy security and Clean Power 2030 goals
• Continued global investment into UK infrastructure
• Closer economic links between the UK and Germany and the wider EU

NeuConnect’s international investors – Meridiam (France), Allianz Capital Partners (Germany), Kansai Electric Power (Japan) and TEPCO (Japan) – outlined the good progress being on the £2.4bn project and welcomed the UK Government’s continued support for this vital new energy link between the UK and Germany.

NeuConnect is expected to be operational by 2028 and will be one of the world’s largest interconnectors with 725km of land and subsea cables forming an ‘invisible energy highway’, connecting two of Europe’s largest energy markets for the first time. The new link will allow 1.4GW of electricity to flow in either direction, helping to boost energy security while also supporting Clean Power 2030 goals by helping to integrate renewable energy sources in the UK and Germany.

For further information on the NeuConnect project, please visit neuconnect-interconnector.com.