Dublin, 24 October 2022 MaresConnect Limited has announced today that it has appointed the former Chief Executive of ESB, Pat O’Doherty, as Chairman and non-executive Director of its Board. MaresConnect is being developed by Foresight Group’s[1] energy transition fund, Foresight Energy Infrastructure Partners, and Etchea Energy [2]. MaresConnect is a proposed 750MW electricity interconnector linking…
Dublin, 06 July 2022 – Ofgem’s licence grants MaresConnect the right to own and operate an electricity interconnector project in the UK and provides certain associated powers as a statutory undertaker. MaresConnect is a proposed 750MW electricity interconnector linking the power markets of Ireland and Great Britain¹. The cable route is approximately 245km underground and…
London, 11 May 2022 • Funding secured for the project’s development to position MaresConnect as Ireland’s next interconnector • MaresConnect will make a major contribution to achieving Ireland’s 2030 environmental goals Foresight Group Holdings Limited¹, the listed sustainability-led infrastructure and private equity investment manager, has acquired a majority stake in the MaresConnect² interconnector project (“MaresConnect”),…
