Elia Group and CPP Investments acquire 1.4GW Tarchon interconnector from Copenhagen Infrastructure Partners

Type: Acquisition · Technology: Transmission · Country: United Kingdom, Germany · Capacity: 1.4 GW · Value: CAD 1B · Announced: 2026-07-30

Elia Group and Canada Pension Plan Investment Board announced the acquisition of the 1.4GW Tarchon subsea electricity interconnector, committing C$1bn for a majority stake while Elia invests through its WindGrid platform with a 25% look‑through stake. The interconnector will link the United Kingdom and Germany, enhancing cross‑border electricity flows and supporting the decarbonisation of both markets. The project is slated to complete by the end of 2026, pending regulatory approvals in both countries. The partnership combines CPP Investments' global capital capabilities with Elia's expertise in designing, building, and operating complex transmission systems, positioning the consortium to deliver the interconnector efficiently. The transaction underscores the growing appetite for high‑capacity cross‑border transmission assets in Europe.

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