The curious case of the Eurotunnel interconnector
Seems to me to have a link to the suspicions aroused by the Russia Report
Reporting by Robert Peston for ITV:
Aquind, a company that has donated more than £240,000 to the Tory party, and which has a director, Alexander Termerko, who has donated £1.3m to the Tories, is awaiting a government decision on its plan to invest £1.2bn on a new power connector under the Channel.
According to the Times, there is a "Russian tycoon" behind the project, whom senior Tories - such as Iain Duncan Smith - want outed, in the wake of last week's report by parliament's Intelligence and Security Committee into alleged Russian meddling in the UK's democratic processes.
But, oddly enough, there's another, closer to home, company involved, too:
Against that backdrop, I've been given details of a rival project to connect the power systems of France and the UK - by Getlink, the company that owns Eurotunnel - that is significantly further advanced than Aquind's but where regulatory approval has been delayed.
Getlink has already spent €500m on the connector and could be operational by the middle of next year. But regulatory approval from the British authorities has not been given, for reasons its directors find difficult to understand.
See more at:
www.itv.com/news/2020-07-25/eurotunnel-dont-understand-delays-to-power-project