Brief: Elia Group Says HVDC Contract Will Not Be Signed Per Original Terms And Conditions

Elia SA

06/06/2025 12:22

June 6 (Reuters) - Elia Group SA ELI.BR:

OFFSHORE ENERGY HUB: CO WELCOMES GOVERNMENT’S DECISION TO FURTHER OPTIMISE NEXT PROJECT PHASE, INCLUDING 2ND INTERCONNECTOR WITH UK

FOLLOWING TODAY'S DECISION, HVDC CONTRACT WILL NOT BE SIGNED WITH TERMS AND CONDITIONS IT ORIGINALLY INCLUDED

DISCUSSIONS WITH UK PARTNERS WILL BE CONTINUED IN ORDER TO FIND JOINT SOLUTIONS FOR REALISATION OF THIS INTERCONNECTOR

AIMING TO DEVELOP AN ALTERNATIVE CONCEPT FOR THE NEXT PHASE OF THE PRINCESS ELISABETH OFFSHORE ENERGY HUB

NEW PROPOSAL SHOULD REMAIN ALIGNED WITH THE ORIGINAL OBJECTIVES OF THE PROJECT AT A LOWER COST

Source text: ID:nPLX41E021

Further company coverage: ELI.BR

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