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EGL1
May 9, 2025
National Wealth Fund puts £600 million toward electricy grid upgrades
The National Wealth Fund will provide £600 million funding to Iberdrola to upgrade the UK’s electricity grid via its subsidiary ScottishPower.
February 13, 2025
Construction begins on ‘electricity superhighway’ Eastern Green Link 1
Construction of the Eastern Green Link 1, a joint venture between SP Energy Networks and National Grid Electricity Transmission, has begun.
November 15, 2024
Ofgem greenlights £2 billion funding for Eastern Green Link 1
Energy regulator Ofgem has awarded a £2 billion funding package for the Eastern Greenlink 1 (EGL1) interconnector project.
March 27, 2024
Electricity ‘superhighway’ receives provisional funding package of £3.4 billion
Ofgem has awarded the proposed Eastern Green Link 2 (EGL2) electricity ‘superhighway’ a provisional funding package of £3.4 billion.
March 26, 2024
Anglo-Scottish ‘superhighway’ first to benefit from fast-track funding
The Eastern Green Link 1 (EGL1) is the first project to benefit from a new streamlined approval process, receiving a provisional budget of £2 billion.
December 13, 2023
Prysmian Group to deliver 525kV transmission cable for EGL1
The Prysmian Group has been awarded a £750 million contract to deliver the UK’s first 525kV HVDC electricity cable for Eastern Green Link 1.
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