Ofgem picks shortlist for £1.1bn wind projects

Ofgem E-Serve has announced the shortlist of companies competing to operate connections to the Gwynt y Mor, Lincs and London Array offshore wind projects. The successful bidder will become offshore […]

Register now!

By Vicky Ellis

Ofgem E-Serve has announced the shortlist of companies competing to operate connections to the Gwynt y Mor, Lincs and London Array offshore wind projects.

The successful bidder will become offshore transmission owners and will take ownership of the links, which have been valued at £1.1 billion.

Robert Hull, Ofgem E-Serve’s Commercial Managing Director said: “The variety of firms competing to own these three links shows that the offshore transmission regime has again proved very successful at attracting investment into the offshore wind sector.”

The shortlisted bidders are: Balfour Beatty Equitix consortium; Blue Transmission, a consortium of Macquarie Capital, Barclays and Mitsubishi; National Grid Offshore; and Transmission Capital Partners.

Ofgem will announce its preferred bidders for the Lincs and London Array in Autumn, and the Gwynt y Mor project at a later date.