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Published: 08 December 2015 08 December 2015

Balfour Beatty has announced the sale of its 33.3% interest in the Greater Gabbard Offshore Transmission (OFTO) project for a consideration of GBP 25.5 million.

The investment is being acquired by funds managed by Equitix. The consideration is to be paid in cash in full on completion of the transaction and will be retained within the Group.

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