The U.K. energy regulator granted Macquarie Corporate Holdings Pty
Ltd. and 3i Infrastructure Plc a license to own and operate a 269
million-pound ($422 million) offshore wind transmission link in the
Irish Sea. The license enables the West of Duddon Sands Transmission Plc venture
to manage the electricity link for 20 years, Ofgem said Friday on its
website.
The link transports power from the 389-megawatt Duddon Sands
wind farm to the shore. Dong Energy AS and ScottishPower Renewables Ltd. this week signed an
agreement to sell the wind farm’s transmission assets to the venture,
which will operate and maintain the link.
The project 15 kilometers (9.3
miles) off Walney Island in Cumbria generates enough electricity for
about 270,000 homes a year. The U.K. had almost 4,500 megawatts of installed offshore wind
capacity at the end of last year, the largest in Europe, according to
European Wind Energy Association estimates.
©2015 Bloomberg News
http://www.renewableenergyworld.com/articles/2015/08/macquarie-venture-gets-422-million-u-k-offshore-wind-license.html
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