Transmission link shortlist

Ofgem said that the first phase of the competition was characterised by strong competition between new entrants and existing network companies that are competing to build transmission connections to the Barrow, Greater Gabbard, Gunfleet Sands, Ormonde, Robin Rigg, Sheringham Shoal, Thanet and both the Walney 1 and 2 wind farms.

The nine firms on the shortlist are Balfour Beatty Capital Ltd (BBCL), DONG Energy Sales and Distribution (DESD), Green Energy Transmission (a consortium of Equitix and AMP Capital Investors) (GET), Macquarie Capital Group Ltd (MCGL), National Grid Offshore Ltd (NGOL) and Transmission Capital Partners (a consortium of Transmission Capital, International Public Partnerships and Amber Infrastructure Group) (TCP).

Ofgem’s chief executive Alistair Buchanan said: ‘The strong competition for the first round of transmission links demonstrates the value of attracting new entrants and shows that firms have confidence in the tendering process and are willing to make a substantial investment. This is vital if the £15bn needed to connect the government’s target of 33GW of offshore wind is to be raised in these difficult financial circumstances.’