Greenlink welcomes award of €3.6m in EU funding
18 February 2019. Greenlink Interconnector Limited’s application for a grant in the second round of funding under the European Commission’s 2018 Connecting Europe Facility has been successful, with the award of €3.6 million to finance the development of the project.
Greenlink was selected for a grant in the field of trans-European energy infrastructure under the Connecting Europe Facility (CEF Energy): https://ec.europa.eu/inea/en/connecting-europe-facility/cef-energy/calls/2018-cef-energy-calls-proposals/2018-2-call-proposals
Simon Ludlam, Project Director for Greenlink, welcomed the announcement:
“Our success once again in attracting EU funding reflects the importance of Greenlink as a priority energy infrastructure project for Europe. It will bring benefits on both sides of the Irish Sea in terms of increased energy security, decarbonisation and downward pressure on consumer bills.”
Development of the project is progressing well. Marine surveys began in the summer of 2018 and procurement for the major construction contracts is now under way, a significant milestone for the project. An engineering and infrastructure scheme of this size has exciting potential for business and investment in Ireland and Wales and the grant will contribute to the development activities for the project.