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Dutch, British grid companies consider connecting offshore wind farms

AMSTERDAM (Reuters) - The Dutch-German grid company TenneT and Britain's National Grid <NG.L> said on Tuesday they have signed an agreement to investigate connecting their offshore wind turbine farms in the North Sea via undersea cables.

In a joint statement, the companies said they would examine the possibility to build interconnection capacity of 2 Gigawatts via undersea cables to each others' electrical nets.

TenneT, owned by the Dutch government, is building offshore wind capacity to 11.5 GW by 2030, while the British government has a target of 40 GW by the same date, with both continuing to keep building beyond that to meet climate goals.

(Reporting by Toby Sterling; Editing by Kim Coghill)