On March 17, Swiss private equity firm Partners Group announced the sale of Greenlink, a 504-megawatt subsea electricity interconnector connecting Great Britain and Ireland, to Baltic Cable and Equitix. The transaction holds an enterprise value of 1 billion euros ($1.09 billion). Partners highlighted that UBS, Clifford Chance, and Arthur Cox provided advisory services for the deal. The exchange rate at the time was $1 = 0.9186 euros.