Jim Cunningham – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

The below Parliamentary question was asked by Jim Cunningham on 2016-07-13.

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect of the possible long-term exchange rate fluctuations resulting from the outcome of the EU referendum on the viability of the North Sea Link project; and if he will make a statement.

Jesse Norman

The North Sea Link interconnector is being developed by National Grid and Statnett as a commercial business. National Grid has confirmed to us that the outcome of the referendum does not affect the delivery of the project and that construction is continuing as planned.