By Jaime Llinares Taboada


The U.K. energy regulator has selected Diamond Transmission Partners, a consortium between Mitsubishi Corporation and HICL Infrastructure PLC, as preferred bidder for the 1.19 billion pound ($1.37 billion) power link serving the Hornsea 2 wind farm off the east coast of England.

Ofgem said that the consortium was selected to own and operate the asset for the next 24 years. The reserve bidder for the project is Transmission Capital Partners.

With a capacity of 1.3 gigawatts, Hornsea 2 is the world's largest windfarm in operation. It was developed by Danish group Oersted AS.


Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT


(END) Dow Jones Newswires

09-02-22 1127ET