Thursday, March 5, 2015
Balfour Beatty has sold an 80% interest in the Thanet offshore transmission connection for £40 million.
The line connects the 300MW Thanet wind farm, off the coast of Kent, to the onshore transmission grid. Assets include one offshore and one onshore substation and over 50km of subsea cables which are operated and maintained by Balfour Beatty’s Services division under a 20 year licence.
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