Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
Xlinks reported that a Final Investment Decision (FID) for the Morocco–UK Power Project was expected in 2025 and that financial close was anticipated in 2026. The company described the programme as a multi‑billion-pound subsea HVDC interconnector (3.6 GW cable capacity within an 11.5 GW generation and storage complex) linking Morocco’s Guelmim Oued Noun region to the UK; Xlinks said construction would start before the end of the year. The statement was reported via industry coverage citing Xlinks’ chairman and the project’s advisers (J.P. Morgan and Société Générale).