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Anbaric could help TenneT with German offshore link plan

Mon, 10/22/2012 - 10:25am
Reuters

BERLIN/DUESSELDORF (Reuters) - Institutional investors led by U.S. energy transmission developer Anbaric Transmission are interested in pumping up to 4 billion euros ($5.2 billion) into linking German offshore wind farms with the mainland.

Anbaric could act as an intermediary for potential European and U.S. investors willing to help finance up to four offshore network link projects of grid operator TenneT, an Anbaric spokesman said on Monday.

"That would be a reasonable first package," he said.

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