#Sustainability
#Deal

01.04.2022

Helaba supports the expansion of renewable energies underwater

As a top tier mandated lead arranger (MLA), Helaba has closed the landmark Greenlink Interconnector Project with Partners Group, providing both Euro and Sterling facilities and associated hedging.

Helaba supports the expansion of renewable energies underwater

Given the current geopolitical situation, independence from fossil fuels is becoming ever more important. Helaba supports the expansion of renewable energies, now also in the development of the necessary undersea infrastructure. As a top tier mandated lead arranger (MLA), Helaba has closed the landmark Greenlink Interconnector Project with Partners Group, providing both Euro and Sterling facilities and associated hedging, alongside seven other banks. Greenlink is a 190km electricity interconnector between Ireland and Great Britain, under specially designed cap and floor regimes from the Commission for Regulation of Utilities (CRU) and Office of Gas and Electricity Markets (OFGEM), the respective regulators.
For more information, please see Greenlink press release

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Ursula-Brita Krück
Deputy Press Officer
+49 69 / 91 32 - 21 92E-Mail
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