Pinsent Masons advises London Array consortium on £459 million wind farm disposal
30 Sep 2013 | 11:46 am |
Pinsent Masons has advised London Array, a joint venture between DONG Energy, E.ON and Masdar, on the £459 million disposal of the offshore wind farm’s transmission assets to Blue Transmission London Array Limited – a consortium comprising Barclays Infrastructure Funds Management Limited and Diamond UK Transmission Corporation (a wholly owned subsidiary of Mitsubishi Corporation) – advised by Macquarie Capital. Blue Transmission London Array Limited was selected as preferred bidder following a competitive tender pursuant to the Offshore Transmission Owner (OFTO) regime
London Array, located 20km off the coast of Kent and Essex, is the largest offshore wind farm in the world. Its 175 Siemens 3.6MW turbines, which have a combined capacity of 630MW, are expected to produce enough electricity to power nearly 500,000 homes each year.
The Pinsent Masons team advised London Array in relation to the disposal of the transmission assets (including the transfer of associated construction package contracts), the OFTO regime and the arrangements for the ongoing operation and maintenance of the transmission assets. Pinsent Masons has advised London Array since 2007 and will continue to provide advice during the operational phase.
Partners John Tyerman and Melanie Grimmitt led the team advising on the corporate, projects and construction elements of the transaction supported by Jeremy Chang, Sophie Barr, Katherine Porter and Rhian Critchell. Ian Stewart and John Christian advised on property and tax respectively. Stephen Tobin supported by Steven Franklin advised on finance and security arrangements.
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons publishes its 2020 pay gap report
Pay gap reporting highlights the value and importance of our drive to promote diversity and inclusion. This year we have opted to report on our disability pay gap for the first time as we underscore our commitment to belonging and inclusion and strengthen our network groups to encourage and champion change for all of our people.
Pinsent Masons advises Sanne Group on first specialised depositary services licence in Ireland
Multinational law firm Pinsent Masons has advised global fund administrator Sanne Group on the first specialised depositary licence to be granted by the Central Bank of Ireland, further enhancing Sanne’s capabilities in Ireland and its multi-jurisdictional proposition for alternative fund managers.
Pinsent Masons provides legal advice in breakthrough data trust report for food industry
Multinational law firm Pinsent Masons has provided the legal advice in a set of new reports recommending the latest innovation in the burgeoning technology of data trusts.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons hires corporate partner Chris Green in Johannesburg
Multinational law firm Pinsent Masons has boosted its corporate capabilities by recruiting Johannesburg-based partner Chris Green.
Pinsent Masons appointed to UK Government Trade Law Panel
Multinational law firm Pinsent Masons has been appointed to the UK Government's new Trade Law Panel in an international consortium with BakerHostetler in the USA, and Fasken in Canada, to advise on international trade law disputes.
Pinsent Masons wins Belt and Road Deal of the Year and Overseas Deal of the Year awards at the China Business Law Awards
Multinational law firm Pinsent Masons has won Belt and Road Deal of the Year and Overseas Deal of the Year awards for the firms work on the Red Sea Tourism Mega Project in Saudi Arabia and Mexico City's Subway Line Construction Project respectively.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]