Search results for: OFTO

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12 April 2019 Grid Connection

UK energy market regulator Ofgem has shortlisted potential operators of three offshore transmission links - Beatrice,  Hornsea Project One, and East Anglia ONE. Five potential operators are vying for all three transmission links: Aegir Energy Transmission, a consortium of Macquarie Corporate Holdings Pty Limited and Frontier Power Limited; Core Transmission Partners, a consortium of BBGI SICAV […]

15 March 2019 Business & Finance, Grid Connection, Wind Farm Update

Ofgem has appointed Diamond Transmission Partners as the preferred bidder to own and operate the offshore transmission link of the Walney Extension offshore wind farm in the UK. The consortium of HICL Infrastructure Company, Diamond Transmission Corporation and Chubu Electric Power will be operating the wind farm’s transmission link for a period of 20 years. HICL said that […]

5 February 2019 Grid Connection

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Diamond Transmission Partners by Diamond Transmission Corporation Limited (DTC) and by Infrared Capital Partners Limited (IRCP). Diamond Transmission Partners is the holding company of the Offshore Transmission Owner (OFTO) for the 573MW Race Bank offshore wind farm, active in […]

22 November 2018 Contracts & Tenders, Grid Connection, Wind Farm Update

Ofgem has selected Diamond Transmission Partners as the preferred bidder to own and operate the high voltage transmission link to the Galloper offshore wind farm in the UK.

8 November 2018 Authorities, Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

Ofgem has granted a licence to TC Dudgeon OFTO plc to own and operate the GBP 297.9 million high-voltage transmission link to the Dudgeon offshore wind farm for the next 20 years.

20 June 2018 Contracts & Tenders, Grid Connection, Operations & Maintenance

Ofgem has chosen Diamond Transmission Partners as the preferred bidder to own and operate the high voltage transmission link to Ørsted's Race Bank offshore wind farm for the next 20 years.

16 May 2018 Contracts & Tenders, Grid Connection

Petrofac has secured a five-year framework agreement with Transmission Capital to provide engineering services across six of its Offshore Transmission Owner (OFTO) assets.

24 November 2017 Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

Ofgem has appointed Transmission Capital Partners as the preferred bidder to own and operate the high-voltage transmission link to the Dudgeon offshore wind farm for the next 20 years.

3 August 2017 Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Wind Farm Update

Ofgem has announced shortlists of bidders competing to own and operate transmission links to the Galloper and Walney Extension wind farms off the coasts of Cumbria and Suffolk.

31 July 2017 Grid Connection, Operations & Maintenance

RES (Renewable Energy Systems) has been awarded a fifteen year contract to provide operations and maintenance (O&M) services to the Walney 2 offshore transmission (OFTO) asset owned by Blue Transmission Walney 2 Limited (BTW2L).

25 July 2017 Business & Finance, Contracts & Tenders, Grid Connection, Wind Farm Update

Ofgem has appointed Diamond Transmission Partners (DTP), a consortium comprising Mitsubishi Corporation and HICL Infrastructure Company, as the preferred bidder to own and operate the offshore transmission link to the Burbo Bank Extension wind farm for the next 20 years.

1 March 2017 Business & Finance, Contracts & Tenders, Grid Connection

Ofgem today announced shortlists of bidders competing to own and operate transmission links to the Dudgeon, Rampion and Race Bank wind farms, situated off the coasts of Norfolk and Sussex.

28 November 2016 Grid Connection, Operations & Maintenance, Wind Farm Update

RES has been awarded a five year contract to provide O&M services to offshore transmission assets owned by Blue Transmission Walney 1 Ltd. In addition to providing the scheduled and unscheduled maintenance of the equipment, the contract will provide services related to asset and site management, logistics, subsea surveys, and control centre services. RES won the […]

6 October 2016 Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

UK's Ofgem will launch competitive tenders for offshore transmission licences for the 336MW Galloper and the 660MW Walney Extension wind farm on 27 February, 2017. Ofgem initially planned to kick off the Offshore Transmission Owner (OFTO) tender for the two wind farms in March 2017. The two links are part of Ofgem's OFTO Tender Round 5. The tendering procedure for the remaining […]

30 September 2016 Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

UK's energy market regulator Ofgem will start the fifth tender round (TR5) for offshore transmission owners (OFTOs) where companies will bid to become owners of five transmission links to offshore wind farms on 10 October 2016.  The five links have an estimated value of GBP 2 billion in total and a generation capacity of 2.3 GW – […]

18 August 2016 Wind Farm Update

Ofgem, which has been evaluating Enhanced Pre-Qualification (EPQ) submissions for Burbo Bank Extension, part of Tender Round 4, is scheduled to notify the bidders of the outcomes and publish the Qualifying Bidder shortlist this month. In addition, the UK's energy market regulator has disclosed a more specified timetable for the Tender Round 5, for which it recently announced […]

3 August 2016 Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Operations & Maintenance, Wind Farm Update

UK's energy market regulator Ofgem plans to launch Offshore Transmission Owner (OFTO) Tender Round Five (TR5) in October 2016 which will enable bidders to compete to own the transmission assets of five offshore wind farm projects. The five offshore wind projects have a combined capacity of 2.3GW. The Tender Round 5 will include the transmission systems […]

7 April 2016 Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Wind Farm Update

Ofgem has launched a tender to enable prospective bidders to compete to own the transmission assets of the 258MW Burbo Bank Extension wind farm in the Bay of Liverpool. The Offshore Transmission Owner (OFTO) Tender Round Four (TR4) started on 7 April, Ofgem said. Burbo Bank Extension offshore wind farm is indirectly owned by DONG Energy A/S (50%), KIRKBI […]

4 December 2015 Business & Finance, Grid Connection, Wind Farm Update

Balfour Beatty has sold 33.3% of its interest in the Greater Gabbard Offshore Transmission (OFTO) project for a consideration of £25.5 million. The investment is being acquired by funds managed by Equitix, an investor and fund manager of core infrastructure assets. The consideration is to be paid in cash in full on completion of the […]

11 May 2015 Business & Finance, Grid Connection

James Fisher Marine Services (JFMS), part of James Fisher and Sons plc, announces the signing of a strategic agreement with Balfour Beatty to become the exclusive integrated marine service provider for its OFTO asset portfolio in offshore wind farms around the UK. The agreement will see James Fisher provide a fully managed service for the […]

16 February 2015 Grid Connection

After buying the Thanet offshore transmission infrastructure in December last year, Balfour Beatty has announced the disposal of an 80% interest in the project for £40 million. Thanet OFTO is the high-voltage electricity transmission system connecting the 300MW Thanet Wind Farm, off the coast of Kent, to the onshore transmission grid. Assets include one offshore […]

28 February 2014 Business & Finance, Contracts & Tenders, Grid Connection

On Wednesday, February 26, Ofgem launched the third Offshore Transmission Owner (OFTO) tender round, for the high voltage transmission links of two offshore wind farms, Westermost Rough and Humber Gateway. They are situated in the North Sea off the coast of Yorkshire. Worth almost £400m, Tender Round 3 (TR3) is the first new tender round […]

28 September 2012 Business & Finance

Hogan Lovells advised the bank lenders to the Blue Transmission consortium of Macquarie Capital Group Limited and Barclays Integrated Infrastructure Fund on the consortium's successful bid to acquire and operate the transmission link to the Walney 2 offshore wind farm for £110 million. The lending group comprised Lloyds Banking Group, SMBC, Bank of Tokyo Mitsubishi, […]

22 June 2012 Grid Connection

The National Audit Office has highlighted the benefits flowing from the innovative use of competition to award companies licences to transmit electricity from offshore wind farms - but warns that electricity consumers are being left with some significant risks, including bearing the cost of inflation. The Government has a target that, by 2020, 15 per […]

27 September 2011 Grid Connection

Ofgem E-Serve has today confirmed that TC Barrow OFTO Limited (Transmission Capital Partners) has secured a licence to operate the high voltage link to the 90 MW Barrow offshore wind farm, near Barrow-in-Furness. TC Barrow OFTO Limited has taken over ownership of the £33.6m link from Dong Energy and Centrica, owners of the wind farm […]

29 March 2011 Business & Finance

Ofgem is consulting on changes to the incentives for owners of the transmission links (OFTOs) to offshore wind farms.   (utilityweek) [mappress] Source: utilityweek,March 29, 2011