en.Wedoany.com Reported - Abu Dhabi sovereign wealth fund Mubadala Investment Company has acquired a stake in Greenlink, the operator of a 504-megawatt subsea power interconnector linking the UK and Ireland, for $200 million.

Greenlink is a joint venture between UK fund manager Equitix and Baltic Cable. Mubadala acquired the stake from Equitix. The interconnection project enables renewable energy integration, enhances system flexibility, and facilitates cross-border electricity flows, with the capacity to power 380,000 homes.

Karim El Jazzar, Mubadala's Head of Infrastructure for Europe and MENA, noted that the investment reflects the fund's focus on high-quality infrastructure assets, particularly projects that build efficient energy systems.

In May, Mubadala announced a $325 million investment in the Hornsea 3 offshore wind farm in the UK. The previous month, the fund also reached an agreement with New York-based Stonepeak to jointly invest $300 million in building the world's largest container leasing platform.

Mubadala's portfolio currently stands at $385 billion, with operations spanning multiple industries and asset classes across six continents. Its assets under management grew by nearly one-fifth in 2025 to reach this scale.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com