Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Eastern Green Link 1 (EGL1) was established as a joint venture between National Grid Electricity Transmission and SP Transmission (part of SP Energy Networks) to develop a 2 GW, 525 kV HVDC subsea transmission link between Torness (East Lothian) and Hawthorn Pit (County Durham). The partners committed to a joint £2.5 billion investment to enable large-scale transmission of renewable electricity along the east coast, with the JV coordinating design, procurement and delivery activities and awarding major equipment and cable contracts to suppliers. The JV existed publicly by December 2023 when project contracting progressed.