Construction has started on the £2.4 billion NeuConnect interconnectpr between GB and Germany.
Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and Tokyo Electroc Power (Tepco), the 725km of land and subsea cables will transport up to 1.4GW of electricity between the two markets..

NeuConnect will construct new converter stations on the Isle of Grain in Kent, England and the Wilhelmshaven region in Lower Saxony, northern Germany, connected by subsea cables travelling through British, Dutch and German waters. NeuConnect’s main contractors, Prysmian Group and Siemens Energy, have now started works in the UK, with preparatory works underway in Germany where construction will begin in early 2024.
NeuConnect is expected to be operational by 2028.

NeuConnect reached Financial Close in July 2022 with a consortium of more than 20 national and international banks and financial institutions including the UK Infrastructure Bank, European Investment Bank (EIB), and Japan Bank for International Cooperation (JBIC).