Mitsubishi
says
its
purchase
of
the
half-share
from
Macquarie
Capital
Group
for
an
undisclosed
sum
marks
the
first
time
a
Japanese
company
has
invested
in
an
overseas
offshore
transmission
link.
The
Japanese
group
will
co-own
the
Walney
1
cable
with
Barclays
Infrastructure
Funds
Management
(BIFM),
which
holds
the
other
50%.
The
cable
connects
the
184MW
Walney
1
wind
project
with
the
coast
at
Lancaster,
northwest
England.
Mitsubishi
and
BIFM
have
a
licence
from
the
UK
regulator
to
operate
the
transmission
link
for
20
years.
Mitsubishi
says
infrastructure
investment
forms
a
key
plank
of…
