What Xlinks does

Xlinks Limited is a UK-incorporated (company number 11891505) privately-held renewable energy infrastructure developer founded in 2019 by Simon Morrish, headquartered in Billericay, Essex. The company is building a global portfolio of long-distance, intercontinental power transmission projects anchored by the Morocco-UK Power Project — a planned 10.5GW combined solar, wind and battery storage facility in Morocco's Tan-Tan province transmitting 3.6GW of dispatchable clean electricity to the UK grid in Devon via approximately 3,800-4,000km of dedicated subsea HVDC cables. The technology relies on weather-profile diversification (Morocco's solar and wind output is uncorrelated with the UK's) to deliver near-constant power (averaging 20+ hours/day) and address Dunkelflaute-style intermittency gaps in the UK renewables mix.

The company's core products are three project-level initiatives: the Morocco-UK Power Project (flagship, estimated £22-24 billion capex), the Sila Atlantik Morocco-Germany cable project, and the Devon Data Campus combining up to 1.5GW of AI-targeted compute with 1.8GW of battery storage at the UK grid connection point. Xlinks also operates XLCC, a wholly-owned HVDC cable manufacturing subsidiary establishing the UK's first HVDC subsea cable factory at Hunterston, Scotland. The business model is B2B/B2G: long-term electricity sales to the UK grid under Contracts for Difference (CfD) with a strike price initially targeted at £48/MWh and revised in April 2024 to £70-80/MWh (2012 pricing). Strategic and financial shareholders include TotalEnergies (£20m), TAQA (£25m), Octopus Energy (£5m), Africa Finance Corporation ($14.1m), and GE Vernova ($10.2m). The UK Government's June 2025 decision not to proceed with a CfD has removed the primary off-take mechanism for the flagship project; Xlinks is actively pursuing alternative structures and rebalancing toward its broader global portfolio.

Name

Xlinks

Legal name

Xlinks Limited

Website

https://xlinks.co

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Xlinks is a UK-based private renewable energy infrastructure developer building intercontinental subsea HVDC transmission projects to deliver Moroccan solar and wind power to UK and European grids. Its flagship Morocco-UK Power Project and follow-on Sila Atlantik and Devon Data Campus initiatives target utility, government, and AI compute customers under long-term offtake contracts.

Ownership category

akta.pro rank

Product category

Intercontinental Renewable Energy Transmission

NAICS

Electric Bulk Power Transmission and Control (221121), Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro primary industry

HVDC Converter Stations & HVDC Transmission EPC (EUAEABAD)

akta.pro secondary industries

HVDC Cables & Overhead Lines (Subsea, Underground, Overhead) (EUADAMAB), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE), Owner’s Engineering, Grid Interconnection & System Studies (PVsyst/Performance Modeling, Protection Studies) (EUACAGAG), Contracted Wind Power Generation (PPA/CFD/FiT-backed) (EUACAFAJ), Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable) (IMAGAEAC)

Keywords

• Renewable energy transmission
• HVDC subsea cables
• Intercontinental power infrastructure
• Solar wind generation
• Battery energy storage

Headquarters

HQ city

Billericay

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Renewable Energy Sales via Grid Connection: Xlinks generates revenue by selling electricity produced from solar and wind facilities in Morocco to the UK grid via dedicated HVDC subsea cables. The electricity is sold under long-term power purchase agreements, initially targeting £48/MWh (later updated to £70-80/MWh guidance). Revenue is derived from electricity sales to UK consumers and businesses, displacing expensive volatile imported gas.
2. Sila Atlantik Morocco-Germany Project: Xlinks participates as an investor in the Sila Atlantik project connecting Morocco to Germany via HVDC subsea cables, expanding the portfolio of intercontinental renewable energy exchange projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Xlinks develops, finances, and operates intercontinental renewable energy infrastructure projects that generate solar and wind power in Morocco and deliver it to demand markets via dedicated long-distance HVDC subsea cable systems. The company sells the transmitted electricity wholesale to national grids under long-term power purchase agreements and contracts for difference, with its flagship Morocco-UK Power Project designed to supply 3.6GW to Great Britain — approximately 8% of national demand — using four 3,800km subsea cables combined with on-site battery storage.

Product overview

Xlinks is a renewable energy company building a global portfolio of projects focused on long-distance power transmission. The company operates three core initiatives: the Morocco-UK Power Project (the flagship venture delivering 3.6GW from Morocco to the UK via 4,000km subsea cables), the Sila Atlantik project (connecting Morocco to Germany), and the Devon Data Campus (an AI-optimized data center with battery storage). All projects leverage solar, wind, and energy storage technologies to provide reliable, firm power to complement intermittent renewables.

Differentiator

Problem solved

Functional benefit

Brands

• Morocco-UK Power Project: A renewable energy project designed to deliver 3.6GW of clean power from Morocco's Province of Tan-Tan to the UK via 4,000km of subsea HVDC cabling.
• Sila Atlantik
• Devon Data Campus

Products and services

• Morocco-UK Power Project Large-scale renewable energy infrastructure delivering 3.6GW of clean, dispatchable power from Morocco's Province of Tan-Tan to the UK via four 3,800km HVDC subsea cables, designed to supply approximately 8% of Great Britain's electricity needs for around 7 million homes. Combines solar PV, onshore wind, and battery energy storage to provide near-constant power for 20+ hours per day, sold wholesale to the UK grid under long-term PPAs and Contracts for Difference.
• Sila Atlantik (Morocco-Germany) Intercontinental renewable energy project planning to exchange renewable power between Morocco and Germany via two HVDC subsea cables, leveraging Morocco's trade winds and solar radiation combined with battery storage to deliver reliable clean power for European industrial decarbonisation.
• Devon Data Campus Proposed AI-optimized data centre and battery energy storage facility at Alverdiscott, North Devon, delivering up to 1.5GW of AI compute capacity supported by 1.8GW of battery energy storage for grid balancing services. Targets hyperscale and enterprise AI/data centre operators seeking reliable, clean power for energy-intensive compute workloads.

Quantifiable outcome

• Reduces Great British power sector CO2 emissions by 9.9% in first year of operation
• +5 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor and core.

• WSPminorImplementation/ SI/ Consulting Partner · 2 August 2022WSP appointed as technical advisor for the >£1Bn HVDC converter tender process. Provides technical advisory services for converter stations procurement in UK and Morocco, grid connection works, and interface between converter stations and HVDC cable systems.
• XLCC (Xlinks Cable Company)coreStrategic or Co-development Partner · 30 June 2022XLCC was established by Xlinks to manufacture HVDC subsea cables for the Morocco-UK Power Project. Obtained planning approval for UK's first HVDC cable factory in Hunterston, Scotland, creating ~900 jobs. First order is for four 3,800km cables.
• Ayrshire CollegeminorStrategic or Co-development Partner · 30 June 2022Partnership with Ayrshire College to increase PEO (Performing Engineering Operations) courses and train HVDC Jointers for XLCC's Hunterston facility. Students guaranteed interview for HVDC Jointer positions.
• National GridcoreStrategic or Co-development PartnerXlinks works closely with National Grid to identify optimal connection sites. Reached agreement for two 1.8GW connections in North Devon at Alverdiscott. National Grid Group CEO John Pettigrew has publicly supported the engineering feasibility of connecting Morocco to Southern England.
• Sila Atlantik ConsortiumminorStrategic or Co-development PartnerXlinks joined a group of globally renowned investors to back the Sila Atlantik project connecting Morocco and Germany via HVDC subsea cables. This expands Xlinks' portfolio to additional European markets.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Iberdrola: Major European utility with significant renewables and grid businesses, including extensive Iberian generation and interconnector activity. A potential competitor or partner for any Spain/Portugal routing of Xlinks' cable.
• MASDAR: UAE state-backed renewables and clean-tech investor and developer with global portfolio. Comparable long-duration, multi-geography, capital-intensive renewable project model and a likely investor in adjacent HVDC corridors.
• ACWA Power: Saudi-listed global IPP and renewables developer with US$50bn+ market cap, founded by Xlinks Chair Paddy Padmanathan. Major developer of Morocco's solar generation (Noor/Ouarzazate complex) — the supply-side counterparty to Xlinks' demand.
• Ørsted: Global offshore wind leader developing utility-scale renewables plus adjacent transmission assets. Competes for the same UK clean firm-power offtake demand that Xlinks targets with imported solar.

Others

• National Grid: UK transmission system operator and counterparty for Xlinks' Alverdiscott grid connection. Critical infrastructure partner for Morocco-UK; also developing its own interconnectors that compete for similar offtake demand.
• Prysmian Group: World's largest cable manufacturer with leading HVDC subsea cable capacity. Both a potential supplier to Xlinks' cable procurement and a direct competitive threat to the in-house XLCC manufacturing strategy.

Direct peers

• NeuConnect: Developer of the first UK-Germany interconnector, a 725km subsea HVDC cable. Same core technology stack (HVDC subsea transmission connecting two markets) and similar regulatory/permitting journey through UK NSIP framework.
• Sun Cable: Developer of the Australia-ASEAN PowerLink, the world's other leading intercontinental renewable HVDC project, transmitting solar generation from northern Australia to Singapore via 4,300+km of subsea cable. Closest conceptual analogue to Xlinks' Morocco-UK.
• EuroAsia Interconnector: Developer of the planned 1,208km subsea HVDC interconnector between Greece, Cyprus, and Israel. Comparable long-distance subsea HVDC transmission model with similar multi-country permitting complexity.
• North Sea Link: Operational 720km 1.4GW HVDC subsea interconnector between Norway and the UK, delivered under Nigel Williams' leadership (now at Xlinks). Closest reference project for engineering, schedule, and operational benchmarks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/xlinks

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xlinks