Baltic Cable and Equitix to acquire Greenlink from Partners Group for €1bn.

Baltic Cable, an electric utility company, and Equitix, an international investor, developer and fund manager in infrastructurem, agreed to acquire Greenlink, a 504 megawatt subsea electricity interconnector linking Great Britain and Ireland, from Partners Group, a private equity company, for €1bn. “Greenlink is a critical infrastructure asset that operates across two important themes, the energy transition and grid stability. The Company has clear downside protection, as well as the potential to benefit from the development of future large-scale renewable projects, which will increase the available supply between these markets,” Carsten Koenig, Partners Group Managing Director.