Eurotunnel will take on sole ownership of the planned ElecLink interconnector. It has signed a conditional agreement with Star Capital under which Groupe Eurotunnel will acquire Star Capital’s 51% share of the project.

ElecLink is developing a 1000MW high-voltage direct current (HVDC) electricity interconnector between Great Britain and France. It will be routed along the Channel Tunnel. ElecLink said that using the existing Channel Tunnel infrastructure will minimise the link’s environmental impact and maximise its reliability.