Burbo Extension Limited, a joint venture owned by Ørsted A/S (50%), Kirkbi A/S (25%) and PKA A/S (25%), has announced that it has signed an agreement for the sale of its transmission assets to Diamond Transmission Partners Burbo Bank Extension Limited (DTPBBE Ltd).
The transmission assets hold an asset value of GBP 193.9 million. The assets include the onshore substation, export cables and the offshore substation. The Burbo Bank Extension offshore wind farm is located in the Bay of Liverpool, approximately 7 kilometres from Liverpool. The wind farm’s 32 MHI Vestas 8MW wind turbines have a capacity of 258MW.