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HICL, Mitsubishi – Acquisition of transmission link in UK

Diamond Transmission Partners, a consortium of Mitsubishi Corporation and HICL Infrastructure Company, has taken ownership of the GBP 193.9m Burbo Bank Extension OFTO. Diamond Transmission Partners now has a licence to own and operate the transmission link to the UK offshore wind farm for 20 years. The consortium has purchased the transmission assets from Orsted and Danish pension funds KIRKBI and PK.