Getlink, the company that manages and operates the Channel Tunnel infrastructure between France and the United Kingdom, has reached an agreement with its insurers for approximately €55 million in compensation for ElecLink’s operating losses following a suspension of activity in late 2024.
The disruption was triggered by a fault on the ElecLink electricity interconnector, an underwater high‑voltage cable that links the French and UK power grids through the Channel Tunnel.
Operations were suspended between 25 September 2024 and 5 February 2025 as a safety precaution while repairs were carried out.
Subsequent technical tests revealed a second related fault, extending the repair period beyond initial expectations.
Work to restore the cable allowed the interconnector to be gradually brought back into service from 5 February 2025.
During the suspension, ElecLink was unable to generate revenue, resulting in significant operating losses.
Under the insurance agreement, Getlink will receive €55 million in compensation, of which €5 million had already been accounted for in the first half of 2025.
The full amount will be recognised in the company’s consolidated financial statements for 2025.
