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Disclaimer

This website contains information on Palladio GmbH and its affiliated companies, in particular Palladio (Luxembourg) S.à r.l. and Palladio Management GmbH (hereinafter referred to as "Palladio Partners").

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Sustainability related disclosures can be found at: https://palladio-partners.com/en/sustainability/

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NeuConnect links energy for a sustainable future

[Translate to English:] Imprägnierung der Kabel

The NeuConnect project is creating the first Anglo-German energy link: a 725-kilometer high-voltage direct transmission line


The NeuConnect project is creating the first Anglo-German energy link: The 725-kilometer high-voltage direct current transmission line that is being laid undersea and underground will enable Germany and the United Kingdom to directly exchange up to 1.4 gigawatts of electricity for the first time.

Palladio Partners is one of the coinvestors in this innovative, sustainable project thanks to its long-term partnership with Meridiam. Palladio Partners Director Dennis Schnutenhaus, who is responsible for the company’s coinvestment strategy, finds the new link compelling: “Not only does NeuConnect improve energy security in both countries, but it also promotes exchanging renewable energy. As a result, NeuConnect will also help reach global climate goals.” A total of EUR 2.8 billion has been invested in the project together with other partners. 

The new link means that surplus renewable energy can be marketed in both countries, allowing it to be used better. For example, the UK grid will benefit from Germany’s substantial wind energy generation capacity (the third-largest in the world).

NeuConnect will be able to supply up to 1.5 million households with energy, and the improved use of renewable energy is expected to avoid more than 13 million tonnes of carbon emissions in the coming 25 years. The lead technical partners are Prysmian Powerlink and Siemens Energy. The project is scheduled for completion in 2028 and is an extremely good example of how investments in an innovative, sustainable energy structure can positively impact future generations.

[Translate to English:] Baustelle Deutschland
[Translate to English:] Zufahrtsstraße Deutschland

Langjährige Erfahrung. Inspirierende Erfolge.

Zahlreiche Beispielinvestments belegen den Erfolg unseres Ansatzes.

  • Palladio Partners expands management team

    16.10.2024 - Markus Polarczek and Dennis Schnutenhaus strengthen the leadership team

    Read more
  • Sikandar Salam joins Palladio Partners

    17.09.2024 - Sales expert complements customer service team as Managing Director

    Read more
  • Palladio Partners expands partner roster

    23.07.2024 - Co-Head of Private Equity Sven Czermin becomes a partner

    Read more
  • Sustainable processing power for regional enterprises

    Palladio Partners and HOCHTIEF plan to build a sustainable, 9,000 square meter data center in Heiligenhaus, North Rhine-Westphalia, by 2025.

    Read more
  • Making the German software landscape investable

    Joint investments with sector specialists are a cornerstone of our private equity strategy.

    Read more
  • United by sustainability

    Copenhagen Infrastructure Partners (CIP) is active in more or less every area of renewable energy investment.

    Read more