Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 21 December 2005, United Power Oy and BasEl, representing 16 Swedish and Finnish companies, signed a preliminary 15‑year electricity supply agreement for the planned HVDC Russia–Finland (Kernovo–Mussalo) submarine interconnector, securing a long‑term offtake framework for power to be transmitted from Russia to Sweden and Finland.