Brief: Getlink Extends Technical Interruption To Eleclink Operations

Getlink SE

16/12/2024 06:39

Dec 16 (Reuters) - Getlink SE  GETP.PA :
    * TECHNICAL INTERRUPTION TO ELECLINK OPERATIONS
    * IMPACT OF SUSPENSION OF ACTIVITY DURING FIRST 6 WEEKS OF
2025 IS
ESTIMATED AT APPROXIMATELY EUR 30 MLN
    * SUSPENSION OF ACTIVITY UNTIL 31 DECEMBER 2024 WILL HAVE AN
ADDITIONAL COMMERCIAL IMPACT ESTIMATED AT APPROXIMATELY 11
MILLION EUROS
    * RE-ENTRY INTO SERVICE OF INTERCONNECTOR IS EXPECTED ON 10
FEBRUARY 2025
    * TECHNICAL TESTS CARRIED OUT AHEAD OF REENERGISATION
REVEALED A
SECOND FAULT ON INTERCONNECTOR IN NEARBY AREA
    * GROUP EBITDA TARGET RANGE FOR 2024 REMAINS UNCHANGED
    * REPAIR WILL REQUIRE DEDICATED WORK (CABLE SECTION
REPLACEMENT
AND REJOINTING OPERATIONS) AND LEAD TO AN ESTIMATED EXTENSION OF
OUTAGE OF 8 WEEKS

Source text:  ID:nBw8CT7lva 
Further company coverage:  GETP.PA 

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