GL Garrad Hassan Advise on Offshore Windfarm Transmission

Press Release
Monday, March 25, 2013

GL Garrad Hassan was technical adviser to Mitsubishi Corporation (MC) on their recent acquisition of a 49% stake in the BorWin1 and BorWin2 German offshore high-voltage, direct current (HVDC) links.

The company acted as the sole technical advisor to MC providing due diligence assessment of the BorWin assets and follow on support to the MC team, utilising experts from across the company but in particular from the offshore and electrical groups.

MC, Japan’s largest trading group, acquired a 49% share in the offshore transmission assets BorWin1 and BorWin2 from TenneT Holding B.V. in December 2012. Together these transmission assets represent 1.2 GW of electrical connection capacity available for German offshore wind farms. The links are provided using state of the art voltage source HVDC technology for BorWin1 and BorWin2, provided by ABB and Siemens respectively.

The projects are the first realisation of large scale offshore voltage-source converter (VSC) HVDC links, while the offshore substation designs represent a new technological interface between VSC equipment and large offshore platforms for the industry.

TenneT will retain majority ownership and will continue to operate the transmission assets. This partnership represents a milestone transaction in Germany, allowing infrastructure investors to take a financial stake in individual regulated offshore transmission assets.
 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Fleet Pro to Manage Haimark Cruise Ship

FleetPro says it will manage the technical and hotel operational services of Haimark Line's newly acquired MS Saint Laurent” from May 3rd, 2015. Haimark Line,

Wärtsilä License Jangsu 2-Stroke Marine Engine Manufacture

Wärtsilä Switzerland Ltd inform that it has signed a licence agreement for the manufacture and sales of Wärtsilä 2-stroke marine engines by China-based Jangsu Antai Power Machinery Co.

MOL & Viken in Shuttle Tanker Ownership J/V

Mitsui O.S.K. Lines, Ltd. (MOL) says it has decided to establish a ship-owning joint venture with Norway's Viken Shipping AS  to participate in a shuttle tanker project.

Mergers & Acquisitions

MOL & Viken in Shuttle Tanker Ownership J/V

Mitsui O.S.K. Lines, Ltd. (MOL) says it has decided to establish a ship-owning joint venture with Norway's Viken Shipping AS  to participate in a shuttle tanker project.

Van Oord Orders Subsea Rock Installation Vessel

Van Oord has ordered a new subsea rock installation vessel. Sinopacific Shipbuilding Group Shanghai will build the vessel at its Ningbo yard in China. The vessel will be delivered in 2016.

Norwegian to Buy Prestige Cruises in $3b Deal

Norwegian Cruise Line Holdings Ltd (NCLH.O) said it would buy Prestige Cruises International Inc from its owner Apollo Global Management LLC (APO.N) in a $3 billion

Offshore Energy

MOL & Viken in Shuttle Tanker Ownership J/V

Mitsui O.S.K. Lines, Ltd. (MOL) says it has decided to establish a ship-owning joint venture with Norway's Viken Shipping AS  to participate in a shuttle tanker project.

BW Offshore Awards SatCom Contract to Orange

Provider of floating production services to the oil and gas industry, BW Offshore, says it has signed a 5-year, $12 million contract with Orange Business Services

N-KOM Lays Keel for Qatar’s First Liftboat

Nakilat-Keppel Offshore & Marine (N-KOM) has achieved another milestone with the keel laying of its first liftboat newbuild project, awarded in July 2014 by long-time

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1140 sec (9 req/sec)