Macquarie Capital Group has sold its 50 percent interest in the Walney 1 offshore undersea transmission cable, located in the UK, to Tokyo-headquartered Mitsubishi Corporation for an undisclosed amount.
Mitsubishi says the deal turns it into the first Japanese company operating an overseas offshore transmission cable.
Macquarie and Barclays Integrated Infrastructure Fund originally bought the undersea cable in late October for £105.4
