Baltic Cable AB and Equitix have completed the full acquisition of Greenlink Interconnector, a strategic asset linking the Republic of Ireland to continental Europe via Great Britain. The investment strengthens Europe’s integrated electricity market and fosters collaboration on the path towards the European energy union.
Greenlink started commercial operations in April 2025 and connects the Republic of Ireland to continental Europe – enhancing energy security of supply and supporting further integration of renewable energy sources on the island. The Greenlink interconnector is Baltic Cables first investment outside of Sweden/Germany.
“This is an important milestone for Baltic Cable and fully aligned with our strategy to contribute to the clean energy transition and greater European market integration. Through Greenlink, we add valuable interconnector capacity to the European grid and allow for more renewable and clean energy to flow across our continent,” says Kajsa Hedberg, Managing Director of Baltic Cable AB.
Interconnectors, like the Greenlink and Baltic Cable, play a crucial role in addressing the pan-European challenges of decarbonization, security of supply, and competitiveness. By enabling cross-border energy flows, Interconnectors provide real-time balancing of the power system and ensures that electricity reaches where it’s needed most. On average an Interconnector also reduces CO2 emissions by more than 8 million tons per year and prevent curtailments by more than 3 TWh per each GW of capacity installed. In other words, more clean energy is utilized within the system, and less is wasted.
With the acquisition in Greenlink, and continued management of its current asset, Baltic Cable remains committed to investing in infrastructure that realises the European energy union – a continent powered by clean energy.
For more information, please contact:
Kajsa Hedberg, Managing Director, Baltic Cable
E-mail: kajsa.hedberg@balticcable.se
