A consortium of Diamond Transmission UK and Chubu Electric Power has been selected as preferred bidder for the transmission assets connecting the 1.2 GW Dogger Bank B offshore wind farm to Britain’s grid.
The companies announced the selection on 10 November, valuing the high-voltage direct-current transmission package at approximately £1 billion.
The assets include offshore and onshore converter stations, subsea cables and land cables serving the wind farm roughly 130 kilometres off England’s east coast. The transaction concerns the electricity connection, rather than ownership of the turbines.
The consortium expects to operate the transmission business for 25 years after completing the acquisition and obtaining an Offshore Transmission Owner licence from Ofgem. Those conditions remain ahead; preferred-bidder status does not itself complete the transfer.
For Chubu, the project would become its third UK offshore-transmission investment alongside Diamond Transmission, following Walney Extension and Hornsea 1. Diamond Transmission is owned by Global Infrastructure Partners, part of BlackRock.
Source: original announcement.
Chubu Electric Power · Explore sector jobs on Energy People.
Image credit: Illustrative UK offshore-wind transmission file photograph: Dudgeon onshore substation at Necton, Norfolk, 15 February 2019. This is not Dogger Bank B’s converter station. Adrian S Pye / Geograph via Wikimedia Commons, CC BY-SA 2.0. Resized and compressed; same licence retained.
By Energy People. Compiled with AI assistance from linked sources.
