Positive
Project advancing - milestone achieved
Low Impact
Minor progress or informational
On 6 December 2024, ASC Energy plc, a subsidiary of Global InterConnection Group, executed an HVDC Cable Order Framework Agreement with LS Cable & System for the Atlantic SuperConnection project. Under this framework, LS Cable & System would act as the sole supplier of HVDC subsea cable—covering up to 3,500 km of cable—for the 1,794 MW, 1,708 km interconnector between Iceland and the UK, with production expected to be supported by a major new HVDC cable factory at the Port of Tyne.