Swansea Bay 320MW Tidal Lagoon Power Project

Overview:

• Swansea Bay 320MW Tidal Lagoon Power Project.
• The project is the world's first tidal lagoon power plant and comprises 16 hydro turbines and a six mile breakwater wall.
• The project will provide electricity for 155,000 homes.
• The overall cost of the project is around £1.3 billion.
• Construction is set to begin in 2018 and last four years.
• Infracapital and InfraRed Capital Partners are providing equity funding for the project.
• DLA Piper advised on the consenting and real estate aspects.
• Norton Rose Fulbright is advising on structuring, investment and procurement matters.

Sam Duke - Editor