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Transmission Capital Partners buys Moray East Link

Tuesday, February 27 2024

Wind Energy – Moray East

Moray East Offshore Wind Farm, a joint venture between Ocean Winds, Diamond Green Limited, and China Three Gorges, has concluded the transfer of its transmission assets to Transmission Capital Partners (TCP), a consortium comprising Transmission Investment, Amber Infrastructure, and INPP.

The transmission assets include a 220 kV 3-cable connection to the Moray East Wind Farm and the new onshore substation facilities at New Deer in Aberdeenshire.

The divestment of transmission infrastructure is mandatory under UK legislation as prescribed by the Offshore Transmission Owner (OFTO) regime. TCP was selected by UK regulator Ofgem through a tender process and will own and operate the transmission infrastructure for a revenue period of 23 years.

Related posts:

  1. TotalEnergies extends maintenance contract with PBS

Filed Under: Asset portfolio, International projects, Moray East Tagged With: assets, Moray East

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