Following a tender process the licence has been won by Blue Transmission Walney 1, a consortium comprising Macquarie Capital Group and Barclays Integrated Infrastructure Fund.
Blue Transmission will buy the link from the wind farm owners Dong, SSE and OPW for £105m, with £52m of that sum coming from the European Investment Bank.
Work on Walney 1 started in March 2010 and the first of 51 turbines were commissioned in January this year. All turbines are expected to be operational by the end of the year.
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