Clifford Chance Advised Partners Group On €1 Billion Sale Of Greenlink Electricity Interconnector
Clifford Chance Advised Partners Group on €1 Billion Sale of Greenlink Electricity Interconnector
Clifford Chance advised Partners Group, a leading global private markets investment firm, on behalf of its clients, in the sale of Greenlink Interconnector, a 504 MW subsea electricity interconnector, to Baltic Cable AB and Equitix.
Greenlink, which connects Great Britain and Ireland, is the first project-financed interconnector to be completed in Europe and will have the capacity to power approximately 380,000 homes. The transaction values Greenlink at an enterprise value exceeding €1 billion.
Partners Group initially acquired a controlling stake in Greenlink in 2019 and took full ownership in 2021, overseeing its development from construction to commercial operations. The project plays a critical role in integrating renewable energy sources, enhancing grid flexibility, and strengthening energy security.
The Clifford Chance team advising Partners Group was led by Charlotte Madden (Partner, Global Co-Head of Infrastructure) and Partner Bryony Theaker, with key contributions from: Corporate/Infrastructure: Josephine Stefani, Dolly Aheto-Tsegah, Sam Goh; Finance & Regulatory: Martin Kolmar, Mark Inkester, Alex Bouwman; Energy & Projects: Evan Thomson, Erin Hanson
This transaction underscores Clifford Chance’s expertise in complex private capital infrastructure projects, delivering strategic and innovative solutions for clients in the global infrastructure market.
