Partners Group to Sell Greenlink to Baltic Cable AB, Equitix

Dow Jones

03-17

By Nina Kienle

Partners Group plans to sell its subsidiary Greenlink to Baltic Cable AB and Equitix in a transaction that values the company at an enterprise value of 1 billion euros ($1.09 billion).

The Swiss private equity company said Greenlink, which supports the integration of renewable energy in Ireland and the U.K., has a nominal capacity equivalent to powering around 380,000 homes, consisting of two converter stations and two high voltage cables running 190 kilometers under the Irish Sea.

Partners Group acquired a controlling stake in Greenlink in 2019 and achieved full ownership in 2021.

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

March 17, 2025 06:08 ET (10:08 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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