Four vie for UK offshore links
Four bidders have been shortlisted in tenders to own and operate over £400m ($666m) of high-voltage transmission links for the Westermost Rough and Humber Gateway offshore wind farms, said UK energy regulator Ofgem.
Both located in the North Sea off the coast of Yorkshire, the wind projects are being tendered under the third round of the Offshore Transmission Owner (OFTO) regime.
The shortlisted bidders that will go through to the final bid stage where Ofgem will appoint the OFTO for each project are Balfour Beatty Equitix Consortium, Blue Transmission Consortium, Mari Energy Transmission, and Transmission Capital Partners.
The OFTOs will receive a guaranteed revenue stream for 20 years under the terms of their licence, subject to availability of the assets, according to the regulator.
Ofgem said it expects to announce details of the preferred bidders in 2015.
Since it was set up by Ofgem and the Department of Energy and Climate Change (DECC) in 2009, the regime has attracted £1.4bn of investment, with a further £1.5bn of transmission assets currently in the tender process, said Ofgem.