Julia Elizabeth Prescot CBE (born February 1959 [1] ) is a businesswoman who serves as the Deputy Chair of the National Infrastructure Commission in the United Kingdom. [2]
She is the co-founder of Meridiam, and is the Chair of NeuConnect, Chair of Fulcrum Infrastructure Group, and Non-Executive Director of Allego. [3]
In 2023, Prescot was appointed the Deputy Chair of the National Infrastructure Commission after her 5-year service as a Commissioner. [4] [5] She is Chair of NeuConnect, a new energy interconnector under construction between the UK and Germany. [6] The project reached financial close in July, 2022. [7] Construction work started in July, 2023 with the project due to be completed in 2028. [8]
Prescot serves as a member of the UK Government's Investment Council, [9] which was created to enhance UK inward investment and to provide a forum for global investors to offer advice to Ministers and wider Government. [9]
In September 2023, the UK's Foreign Secretary appointed Julia to the Board of Wilton Park, an executive agency of the UK Foreign, Commonwealth & Development Office. [10]
Prescot is the co-chair of the World Bank's Global Infrastructure Facility (GIF) Advisory Council. [11]
Prescot is the Deputy Chair of the Port of Tyne, one of the UK's most important deep-sea ports handling cargo across five continents. [12]
Gender equality
Prescot is the National Infrastructure Commission's lead Commissioner for Diversity and Inclusion, arguing the sector needs to be more inclusive and diverse so infrastructure can better reflect the needs of those who use it. [13]
Prescot was the co-founder of the Women Leaders in Infrastructure Group. In 2023 she established The Prescot Scholarship for Women in Leadership for Infrastructure and Construction with University College London, aimed at creating new opportunities for women in the industry. [14]
Education
Prescot has an MA in Archeology, University of Cambridge, and is an Honorary Professor at the Bartlett School of Sustainable Construction, University College London, supporting the development of education in infrastructure finance. [15]
The East–West Interconnector is a 500 MW high-voltage direct current submarine and subsoil power cable which connects the Irish and British electricity markets. The project was developed by the Irish national grid operator EirGrid.
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Project EnergyConnect is a new electricity transmission line under construction which will connect the South Australia and New South Wales districts of the National Electricity Market in Australia. Riverlink was a previous working title for the project, drawn from a proposal first raised in 1999. The Australian Energy Market Operator used RiverLink in its proposal for this interconnector, but the transmission companies in South Australia (ElectraNet) and New South Wales (TransGrid) now call it EnergyConnect.
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The North Sea Link is a 1,400 MW high-voltage direct current submarine power cable between Norway and the United Kingdom.
The Great Sea Interconnector, formerly known as the EuroAsia Interconnector is a planned HVDC interconnector between the Greek, Cypriot, and Israeli power grids via the world's longest submarine power cable, with a length of 310 kilometres (190 mi) from Israel to Cyprus and 898 kilometres (558 mi) from Cyprus to Greece for a total of 1,208 kilometres (751 mi).
Meridiam is a global investor and asset manager based in Paris specialized in developing, financing and managing long-term public infrastructure projects. Founded in 2005, Meridiam invests in public infrastructure in Europe, North America and Africa.
Thierry Déau is the founder, chairman and chief executive officer of Meridiam, a leading independent global investor and asset manager specialized in developing, financing and managing long-term public infrastructure projects.
Sadie Anna Morgan is an English designer. In 1995 she founded dRMM, the RIBA Stirling Prize winning architecture practice, with Alex de Rijke and Philip Marsh.
Alexander Evans is an academic who has served as a British diplomat. He is a Professor in Practice at the London School of Economics. He also holds a visiting appointment at the University of Southern California.
Viking Link is a 1,400 MW HVDC submarine power cable between the United Kingdom and Denmark completed in 2023.
The National Infrastructure Commission is the executive agency responsible for providing expert advice to the UK Government on infrastructure challenges facing the UK.
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FAB Link is a proposed HVDC Interconnector, spanning the 220 kilometres (140 mi) between France and Great Britain, running close to the island of Alderney.
Rachel Susan Skinner is a British civil engineer with Canadian-based consultant WSP Global. She was named one of the Daily Telegraph Top 50 Influential Women in Engineering in 2016 and both the Best Woman Civil Engineer and the Most Distinguished Winner at the European Women in Construction and Engineering Awards in 2017. Skinner became the youngest president of the Institution of Civil Engineers in 2020. In 2019, she was elected a Fellow of the Royal Academy of Engineering (FREng). She was appointed CBE for services to infrastructure in the 2022 New Year Honours.
NeuConnect is an high-voltage direct current submarine power cable under construction since 2023 between the Isle of Grain, England and Wilhelmshaven Germany, expected to operate in 2028. The cost of £2.4Bn (€2.8Bn) is financed by Meridiam from France and German Allianz Capital Partners.
Gridlink Interconnector is a proposed submarine power cable between England and France. The 1,400 MW high-voltage direct current connector would link Kingsnorth National Grid substation in north Kent, England, with Réseau de Transport d'Électricité Warande substation in Bourbourg (Nord) near Dunkirk in northern France.