Transmission links for 7 offshore wind farms

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 / MW	Forecast transfer value (£m)	Preferred Bidders	Reserve Bidders
Barrow (90 MW)	36.5	Transmission 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)	48.2	TCP	MCGL
Robin Rigg (180 MW)	57.3	TCP	MCGL
Sheringham Shoal (135 MW)	182.2	MCGL	Balfour Beatty Capital Ltd (BBCL)
Thanet (300 MW)	163.1	BBCL	MCGL
Walney 1 (178 MW)	101.8	MCGL	TCP
Walney 2 (182 MW)	105	MCGL	TCP
Ormonde (150 MW)	101.1	Best & Final Offer (BaFo) process to be run with BBCl, MCGL & TCP
Greater Gabbard (504 MW)	316.6	ITT 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)

News

Transmission links for 7 offshore wind farms