Related Links

News

Transmission links for 7 offshore wind farms

Transmission links for 7 offshore wind farms have been awarded to three bidders by the UK energy regulator Ofgem.

The offshore wind transmission links are worth £700 million and will connect 2 GW of offshore wind capacity.

The three preferred bidders are Balfour Beatty Capital Ltd, Macquire Capital Group Ltd and Transmission Capital Partners.

The offshore wind transmission link announcements are part of the Department of Energy and Climate Change (DECC) and Ofgem’s scheme to encourage investment in high voltage transmission links for a potential 50 GW of new offshore wind – worth over £20 billion.

The consortia bid for the right to own and operate offshore transmission links in return for a 20-year regulated revenue stream.

Two projects have not yet been awarded.

The projects are:

Project / MWForecast transfer value (£m)Preferred BiddersReserve Bidders
Barrow (90 MW)36.5Transmission Capital Partners (a consortium of Transmission Capital International Public Partnerships and Amber Infrastructure Group) (TCP)Macquire Captial Group Ltd (a consortium including MCGL, Barclays Private Equity Ltd and NIBC Infrastructure Partners) (MCGL)
Gunfleet Sands 1&2 (164 MW)48.2TCPMCGL
Robin Rigg (180 MW)57.3TCPMCGL
Sheringham Shoal (135 MW)182.2MCGLBalfour Beatty Capital Ltd (BBCL)
Thanet (300 MW)163.1BBCLMCGL
Walney 1 (178 MW)101.8MCGLTCP
Walney 2 (182 MW)105MCGLTCP
Ormonde (150 MW)101.1Best & Final Offer (BaFo) process to be run with BBCl, MCGL & TCP
Greater Gabbard (504 MW)316.6ITT stage to be rerun with Green Energy Transmission (a consortium of Equitix Ltd and AMP Capital Investors Ltd) (GET), MCGL, National Grid Offshore Ltd (NGOL)

Share this article

More services

 

This article is featured in:
Energy infrastructure  •  Wind power

 

Comment on this article

You must be registered and logged in to leave a comment about this article.