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National Grid to Invest Up to £400 Million in UK-France Power Link

National Grid said it will invest up to £400 million ($531 million) to extend the Interconnexion France-Angleterre electricity link between Britain and France until at least 2050.

NG.

Britain’s National Grid LSE:NG. will invest up to £400 million ($531 million) to extend the life of the Interconnexion France-Angleterre (IFA) electricity link between Britain and France until at least 2050, the company said on Thursday.($1 = 0.7527 pounds)

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