Elia Group and CPP Investments acquire a majority stake in the Tarchon interconnector project. CPP Investments commits **C$1 billion** for its share, while Elia Group invests through its development platform, WindGrid. The deal expands cross-border electricity infrastructure capacity in Europe.
Elia and CPP Investments have purchased a **1.8-gigawatt North Sea grid link project** from Copenhagen Infrastructure Partners (CIP). The transaction involves Copenhagen Infrastructure V, a fund managed by CIP. The project aims to strengthen cross-border electricity transmission in the North Sea region.
A 760-kilometer electricity interconnector linking the UK and Germany secures new ownership. Regulatory approvals and closing conditions remain pending, with the transaction targeting completion by late 2026. Construction is planned to begin in 2030.
50Hertz and Elia are procuring offshore high-voltage cable repair logistics and jointing services through a **EUR 752 million tender**. The project targets the development of specialized infrastructure to maintain and repair critical underwater cable connections for European electricity grids. The collaboration aims to enhance reliability and operational efficiency in offshore wind energy transmission.
