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 named as one of Stonewall's Top Global Employers 2020
Multinational law firm Pinsent Masons has been recognised as a leading lesbian, gay, bi and trans employer by LGBT charity Stonewall in its Top Global Employers Index 2020 for the fifth consecutive year.
Pinsent Masons advised Schütz Family Office on the acquisition of Freie Internationale Sparkasse
Multinational law firm Pinsent Masons has advised Schütz Family Office on the acquisition of private bank Freie Internationale Sparkasse S.A..
Pinsent Masons named a top ten family friendly employer for fourth year in a row
Multinational law firm Pinsent Masons has been named as one of the top ten family friendly employers in the UK by work life balance charity, Working Families.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advised Schütz Family Office on the acquisition of Freie Internationale Sparkasse
Multinational law firm Pinsent Masons has advised Schütz Family Office on the acquisition of private bank Freie Internationale Sparkasse S.A..
Launch Climate Change Mitigation Sustainability platform
Multinational law firm Pinsent Masons has appointed energy partner Paul Rice to lead its newly created Climate Change Mitigation and Sustainability group as it seeks to embed a coordinated, firmwide approach to the climate crisis.
Pinsent Masons advises AMC Entertainment Holdings, Inc. on €65m sale of Baltic region theatre locations
Multinational law firm Pinsent Masons has advised AMC Entertainment Holdings, Inc (AMC) on the €65m ($77 million) sale of nine theatre locations across the Baltic region to Up Invest.
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]