Balfour Beatty, the UK infrastructure giant, was namedpreferred bidder by energy regulator Ofgem to own and operate the power cablesfor the 576MW Gwynt y Mor project.
The high-voltage transmission links carry an estimated valueof £346m ($532m), adding to Balfour Beatty’s existing OFTO assets at Greater Gabbardand Thanet.
Gwynt y Mor – owned by RWE, Stadtwerke München and Siemens –is one of the last UK offshore wind projects to see its transmission assetstendered out under the “transitional” OFTO rounds, in which projectdevelopers have not been allowed to build their own links.
Under
