DISPOSAL OF LINCS OFFSHORE WIND FARM TRANSMISSION ASSETS
Lincs Wind Farm Limited has completed the sale of the transmission
assets at the 270MW Lincs offshore wind farm to TC Lincs OFTO Limited
for £308 million.
The disposal is in line with regulations requiring offshore wind farm
generators to divest their transmission assets to an offshore
transmission owner (OFTO) post-construction.
Lincs Wind Farm Limited is a joint venture between Centrica Energy
(50%), DONG Energy (25%) and Siemens Project Ventures (25%), the equity
investment arm of Siemens Financial Services.
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