Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Eastern Green Link 2 (EGL2) was established and is being delivered as a joint venture between National Grid Electricity Transmission and SSEN Transmission. The JV acted as the project vehicle that signed the major supplier contracts (cable manufacture/installation and converter station delivery) announced on 29 February 2024 and subsequently coordinated delivery activities, staffing and a shared collaboration centre in Glasgow. The joint venture structure places both transmission system operators (National Grid and SSEN Transmission) as co‑developers and co‑delivery partners for the 525kV, 2GW HVDC subsea link between Peterhead and Drax.