27th Sep 2011 14:01
27 September 2011
Disposal of Barrow offshore wind farm transmission assets
Barrow Offshore Wind Ltd, a 50/50 joint venture between Centrica and DONG Energy, today announced that it has completed the sale of transmission assets at the Barrow offshore wind farm to TC Barrow OFTO Ltd for £34 million.
The disposal is in line with regulation requiring offshore wind farm generators to divest their transmission assets to offshore transmission owners.
Barrow Offshore Wind Ltd and TC Barrow OFTO Ltd have agreed a five year operation and maintenance contract for the transmission assets.
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Contacts:
| Centrica | |||
| Investor relations: | 01753 494900 | ||
| Press office: | 0800 107 7014 | ||
| DONG Energy | |||
| Media relations (Andreas Krog): | +45 9955 2023 | ||
| Investor relations (Morten Hultberg Buchgreitz): | +45 9955 9750 | ||
Copyright Business Wire 2011
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