Investment group Macquarie has been awarded the licence for a €377 million offshore wind farm link in the Irish Sea.
The West of Duddon Sands Wind Farm, located off Cumbria in the Irish Sea some 190km due east of Dundalk, generates power for around 270,000 homes each year.
The license enables the West of Duddon Sands Transmission Plc venture to manage the electricity link for 20 years.
The link transports power from the 389-megawatt Duddon Sands wind farm to the shore. Dong Energy AS and ScottishPower Renewables last week signed an agreement to sell the wind farm’s transmission assets to the venture, which will operate and maintain the link. The UK had almost 4,500 megawatts of installed offshore wind capacity at the end of last year, the largest in Europe, according to European Wind Energy Association estimates.
