Three consortia have formed to bid for the project
Date
April 27, 2018
Type
M&A Transactions
Subtype
Imported M&A transactions
Countries
Saudi Arabia
UK (United Kingdom)
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Three consortia have formed to bid for the project
List of the country updates
Country updates
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April 26, 2018
Proparco, a subsidiary of the French Agency for Development, and the Dutch development bank FMO have provided financing for the project
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April 26, 2018
Ence has awarded a turnkey construction contract for the project to SENER
Ence has awarded a turnkey construction contract for the project to SENER. The company expects to bring the facility online in the second half of 2019
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April 26, 2018
The first 1,800-tonne suction bucket jacket foundation has been installed at the project by floating crane Asian Hercules III
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April 26, 2018
Ørsted has agreed the sale of the transmission assets at Burbo Bank Extension to Mitsubishi and HICL
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April 26, 2018
Burbo Extension Limited, a joint venture owned by Ørsted (50%), Kirkbi (25%) and PKA (25%), has signed an agreement for the sale of its transmission assets to Diamond Transmission Partners Burbo Bank Extension Limited (DTPBBE Ltd), the licensee entity incorporated by the consortium comprising Mitsubishi Corporation and HICL Infrastructure Company Limited
