Agreement on the sale of transmission assets at Westermost Rough
Westermost Rough Ltd (“WMR”), a wholly owned subsidiary of DONG Energy A/S (50%), the UK Green Investment Bank plc (25%) and Marubeni Corporation (25%) today announced that it has signed an agreement for the sale of its transmission assets to TC Westermost Rough OFTO Limited. TC Westermost Rough OFTO Limited is the licensee entity incorporated by the consortium comprised of Transmission Capital Partners Limited Partnership and International Public Partnerships Limited. The transmission assets hold an asset value of GBP 157 million (DKK 1,5 bn). The assets include the onshore substation, export cables and the offshore substation ….