Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Ofgem confirmed approval of early investment for Eastern Green Link 3, awarding Early Construction Funding (ECF) equivalent to 8% of EGL3's updated forecast project cost and Pre‑Construction Funding (PCF) at 2.5%. The decision allowed the EGL3 JV (NGET in partnership with SSEN/SHET arrangements) to proceed with enabling activities including strategic land purchases, surveys, design work and early procurement of critical HVDC components to derisk delivery and secure manufacturing slots. Ofgem linked the funding to updated target delivery dates and set incentives and protections for consumers in the event of changes or cancellation.