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Transmission Capital Partners reaches financial close on Robin Rigg project

By BFN News | 04:09 PM | Wednesday 02 March, 2011

The Transmission Capital Partners consortium has reached financial close for the Robin Rigg offshore transmission project. This is the first offshore transmission project to reach financial close under Ofgem's first round of tenders for the long-term licence and operation of offshore transmission assets in the UK. Transmission Capital Partners comprises Amber Infrastructure, Transmission Capital and International Public Partnerships. The consortium is scheduled to reach financial close on three further offshore transmission projects by mid-2011 and remains shortlisted for a fifth project which is expected to be awarded this month under Ofgem's first round of tenders. Story provided by