National Grid secures green loan to build 1.4GW Viking Link interconnector

National Grid has secured a green loan worth $743 million (£590 million) to help pay for the construction of the 1.4GW Viking Link interconnector between the UK and Denmark. The €2 billion subsea cable - a joint venture between National Grid and the Danish system operator Energinet – is being installed to enable the direct trade of surplus renewable electricity between the two countries.

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