New Agreement a tentative step forward for FAB Project

An agreement was entered into by FAB Link Limited and RTE, the project promoters for the FAB project in Feb22 to review and reassess the project. The aim of the endeavour is to provide updated project information to regulators within the next year and to seek their support for resuming the project. Establishing a new project schedule will form part of this exercise however provisional key dates target a Final Investment Decision by the end of 2025 and Commercial Operation by the end of 2028.

“Whilst we remain cautiously optimistic this is a welcome development for the project following a long waiting period. We hope to have more detail on our plans this time next year.” Said James Dickson, the FAB Link Project Director.