Backed by private equity specialist, Foresight Group and managed by Etchea Energy Partners, Maresconnect’s interconnector will carry enough electricity to power around 570,000 homes.
British energy regulator, Ofgem has licensed Maresconnect while the country’s national grid has approved the project. “In Foresight Group and Etchea Energy, we have the scale, commitment, and capability to make this project a real success for all stakeholders.,” he added.