on GETLINK (EPA:GET)
Technical Interruption Affects ElecLink Operations
Getlink has announced an update on the ongoing technical interruption affecting ElecLink, the electrical interconnector between France and the UK. Since the fault's detection, operations have been suspended. The restoration work is advancing, but a recent assessment determined that an additional two weeks are required to complete final repairs and conduct further testing.
The ElecLink interconnector is now expected to resume operations by 2 December. The extended suspension is projected to have a commercial impact, amounting to approximately 13 million euros. Despite the interruption, Getlink confirms its EBITDA target for 2024 remains unchanged.
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