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03 AUG 2026 MONDAY
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ScottishPower, through its parent company Iberdrola, has secured £600 million (around €693 million) in financing from the National Wealth Fund to support the development of the fourth out of five subsea electricity superhighways between Scotland and England. The 2 GW Eastern Green Link 4 (EGL4) high-voltage direct current (HVDC) subsea power link will run between […]
National Wealth Fund ScottishPower Britain Scotland England Eastern Green Link Tenders Keith Anderson Clean Power Chancellor Rachel Reeves Secretary of State Energy Security Net Zero Offshore Energy Iberdrola HVDC
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news Offshore Energy ·2026-03-25

€693 million financing to support UK’s subsea electricity superhighway

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