Announcement
25 Mar 2026
In March 2026, the UK’s National Wealth Fund (the NWF) announced funding to support the development of a subsea electricity interconnector between Scotland and England.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
25 Mar 2026
Revocation date:
No revocation date
Recent update from 31 Mar 2026:
On 25 March 2026, the UK National Wealth Fund announced GBP 600 million (USD 803.8 million) in financing to ScottishPower, a subsidiary of Iberdrola SA, for the Eastern Green Link 4 (EGL4) project....
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