Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 31 May 2021, Project Finance Group SA, a Luxembourg‑registered company related to Aquind Limited and owned by Viktor Fedotov, consolidated most of Aquind Limited’s outstanding loans for the AQUIND Interconnector, extended them for five years, arranged a further five‑year loan facility, and provided a letter of comfort guaranteeing continued financial support for at least 12 months; Aquind’s financial statements report that 17 million £1 redeemable preference shares were allotted to Project Finance Group on that date in exchange for £17m of outstanding loan principal.