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National Grid plc Plans Up to GBP400 Million Investment in UK-France Electricity Interconnector

MT Newswires·10/29/2026 05:53:32
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05:53 AM EDT, 10/29/2026 (MT Newswires) -- National Grid plc (NG.L) is set to make an up to 400 million-pound-sterling investment in Interconnexion France-Angleterre, or IFA, the subsea electricity link between Great Britain and France. The investment will support the continued operation of the interconnector until at least 2050, according to a Thursday release. Work will include upgrades to essential technical equipment, buildings and facilities at the site. The British utility co-owns IFA with France's electricity transmission system operator RTE.