in News Departments > Projects & Contracts
print the content item

Walney Offshore Windfarms Ltd. says it has completed the sale of the Walney 2 offshore wind farm's transmission assets to Blue Transmission Walney 2 Ltd. - the licensee entity incorporated by the consortium of Macquarie Capital Group Ltd. and Barclays Infrastructure Funds Management Ltd. - for approximately 110 million British pounds.

Walney Offshore Windfarms Ltd. is a consortium that includes DONG Energy (50.1%), Scottish and Southern Energy (25.1%) and OPW (24.8%). DONG Energy, which is the leading partner in the construction and operational phases of the Walney offshore wind farms, and Blue Transmission Walney 2 Ltd. say they have agreed on an operations and maintenance contract for the transmission assets.

The companies say the disposal is in line with the regulation that requires offshore wind farm generators to divest their transmission assets to new offshore transmission owners via a competitive tender run by Ofgem.



Trachte Inc._id1770
Latest Top Stories

Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?


GE Blade Crashes At Mehoopany Wind Farm In Pennsylvania

The turbine manufacturer says the Nov. 2 incident is "isolated and unrelated" when compared to earlier blade issues.

Renewable NRG_id1934
Hybrid Energy Innovations 2015
BG 2015DblBox_id2032