Partners Group sells subsea electricity connector for 1 billion euro

(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)