DONG Energy Sells West of Duddon Sands Transmission Assets

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DONG Energy announced last week that it will sell the transmission assets of the West of Duddon Sands offshore wind farm in the UK.

The West of Duddon Sands is a joint venture between DONG Energy (50%) and ScottishPower Renewables (50%) to develop the offshore wind farm located approximately 15 kilometers off Walney Island, Cumbria, in the Irish Sea in the UK. The wind farm will comprise 108 Siemens 3.6 MW wind turbines, with a completed capacity of 389 MW, generating the equivalent of enough electricity to power 270,000 UK households annually.

The official opening of the West of Duddon Sands wind farm took place late October, 2014.

Announced last week, DONG Energy revealed that it had signed an agreement for the sale of transmission assets to WoDS Transmission plc — a consortium comprised of Macquarie Corporate Holdings Pty Limited (50%) and 3i Infrastructure plc (50%). The transmission assets hold an asset value of £269 million, and include the onshore substation, export cables, and the offshore substation.

The news comes amid a flurry of activity from DONG Energy. Just this week DONG Energy announced that it had acquired both the whole Hornsea Offshore wind zone, as well as the project rights to the development of Hornsea Project Two and Three. This came following an announcement from earlier this year that DONG Energy had acquired the rights to develop Hornsea Project One.

Tuesday, DONG Energy also announced that it had not only begun construction on the 660 MW Walney Extension Offshore Wind Farm — which will make the entire Walney zone one of the largest offshore wind farms in the world — but DONG Energy also revealed that Vestas Offshore Wind would be the preferred bidder for the 450 MW Borkum Riffgrund II offshore wind project in Germany.