DONG Energy has agreed to enter into a long-term contract to provide operation and maintenance (O&M) services to Lincs Offshore Wind Farm, a 270MW offshore wind farm located off the coast of North East Lincolnshire and fully operational since 1 August 2013.
Centrica and Siemens Project Ventures have announced the sale of their combined 75% stake in Lincs to UK Green Investment Bank Financial Services managed entities and the UK Green Investment Bank plc (jointly referred to as GIB). As part of this transaction, DONG Energy, owner of the remaining 25%, has agreed with GIB to take over the operatorship of Lincs from Centrica for 15 years beginning after a 12-month transitional period post sale completion.
