Seagreen Wind Energy (SWEL), a joint venture of SSE Renewables (49%), TotalEnergies (25.5%) and PTTEP (25.5%), has signed an agreement to sell the offshore transmission assets of the Seagreen Phase 1 Offshore Wind Farm to Seagreen Phase 1 OFTO, a consortium of Equitix and Kyuden Group.
The sale includes subsea and onshore export cables, as well as offshore and onshore substations. Equitix and Kyuden Group will own, operate, and maintain the transmission infrastructure for 24 years under a transmission licence granted by Ofgem, the energy regulator for Great Britain.
This sale is required under the offshore transmission regime and follows a competitive Offshore Transmission Tender process conducted by Ofgem.
The 1075MW Seagreen Phase 1 offshore wind farm is located 27km from the Angus coast. The transmission assets will transfer power from the wind farm via three export cables, each approximately 64km long, to landfall, with a further 20km inland to the onshore substation in Angus. Seagreen became fully operational in October 2023.
