Mubadala Investment Company, an Abu Dhabi sovereign investor, has acquired $200 million of Equitix’s stake in Greenlink, a joint venture between Equitix and Baltic Cable which operates a 504-megawatt subsea electricity interconnector linking Great Britain with Ireland. This investment reflects Mubadala’s continued focus on infrastructure assets that support more connected, efficient and resilient power systems.
Greenlink is a high-voltage subsea interconnector spanning approximately 190 kilometers between Ireland and Great Britain. Regulated by Ofgem and CRU, the asset utilizes high-voltage direct current (HVDC) technology, which is efficient for long-distance power transmission and has a nominal capacity equivalent to powering around 380,000 homes. It plays a critical role in supporting the integration of renewable energy, enhancing system flexibility and facilitating cross-border electricity flows while strengthening security of supply, improving market efficiency and r
