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    1. Home
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    3. >Partners Group sells subsea electricity connector for 1 billion euro
    Finance

    Partners Group Sells Subsea Electricity Connector for 1 Billion Euro

    Published by Global Banking & Finance Review®

    Posted on March 17, 2025

    1 min read

    Last updated: January 24, 2026

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    Quick Summary

    Partners Group sold its Greenlink subsea electricity connector, linking Great Britain and Ireland, to Baltic Cable and Equitix for €1 billion.

    Partners Group Divests Subsea Connector in €1 Billion Deal

    (Reuters) - Swiss private equity firm Partners Group has sold Greenlink, a 504 megawatt subsea electricity interconnector linking Great Britain and Ireland, to Baltic Cable and Equitix, it said in a statement on Monday.

    The enterprise value of the transaction is 1 billion euros ($1.09 billion), Partners added in a statement, saying that it was advised by UBS, Clifford Chance and Arthur Cox.

    ($1 = 0.9186 euros)

    (Reporting by Paolo Laudani; Editing by Ludwig Burger)

    Key Takeaways

    • •Partners Group sold Greenlink for €1 billion.
    • •Greenlink connects Great Britain and Ireland.
    • •Baltic Cable and Equitix are the buyers.
    • •The interconnector has a capacity of 504 MW.
    • •UBS, Clifford Chance, and Arthur Cox advised Partners Group.

    Frequently Asked Questions about Partners Group sells subsea electricity connector for 1 billion euro

    1What is the main topic?

    The article discusses Partners Group's sale of the Greenlink subsea electricity connector for €1 billion.

    2Who are the buyers of Greenlink?

    Baltic Cable and Equitix purchased the Greenlink subsea electricity connector.

    3What is the capacity of the Greenlink interconnector?

    The Greenlink interconnector has a capacity of 504 megawatts.

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