British and French Governments Support Eurotunnel and STAR Capital ElecLink Interconnector Project To Link UK and French Elec...
February 27 2012 - 2:45AM
UK Regulatory
TIDMGETS
ElecLink is the joint venture, launched in 2011 by Eurotunnel
(Paris:GET) (LSE:GETS) and STAR Capital, to install a 500MW
interconnector between France and Great Britain via the Channel
Tunnel, bringing an increase of 25% on existing capacity.
This totally secure electricity transfer will enable
complementarities between the two countries in terms of electricity
production and consumption patterns to be optimised and will aid
the development of renewable energy schemes. Using the Channel
Tunnel ensures that the project itself will have a minimal impact
on the environment.
At the Anglo-French Summit on 17 February 20121, the British
Prime Minister and French President declared their support and
encouragement for the development of ElecLink, which will
strengthen the connection between the two national networks and be
a further step in Anglo-French cooperation.
Angus Norman, currently Chief Executive of Ocean Power
Technologies, a wave energy company operating in the renewable
energy sector, has been appointed Chief Executive Officer of
ElecLink, commencing on 1 March 2012.
Angus Norman, 61, is a Chartered Engineer. He started his career
with British Coal/NCB and was Plant Manager for TML for electrical
equipment in the Channel Tunnel during construction, between 1988
and 1991. He was subsequently appointed Chief Electrical Engineer
at Wimpey Engineering Construction. In 1992 he joined London
Underground as Senior Supervising Engineer on the Jubilee Line
extension Project, before moving to EDF Energy where he held
several different posts, including Senior Vice President, Thermal
Generation and Managing Director, Sustainable Solutions. Since 2009
he has been Chief Executive of Ocean Power Technologies.
1 Point 22 of the common Declaration on Energy made by the Prime
Minister, of the United Kingdom of Great Britain and Northern
Ireland, David Cameron, and the French President, Nicolas Sarkozy
in Paris, on 17 February 2012.
For media enquiries contact John Keefe Consultant on + 44 (0)
1303 284491Email: press@eurotunnel.com
For investor enquiries contact Michael Schuller on +44 (0) 1303
288749Email: Michael.schuller@eurotunnel.com
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