Ofgem Appoints Preferred Bidder for Owning the Link to the Dudgeon Offshore Wind Farm
Monday 27 November 2017
Today Ofgem has appointed Transmission Capital Partners as the preferred bidder to own and operate the high-voltage transmission link to the Dudgeon Offshore Wind Farm for the next 20 years.
Transmission Capital Partners, a consortium comprising Transmission Capital Partners Limited Partnership and International Public Partnerships Limited, was selected by Ofgem following a tender in which bidders competed to become an Offshore Transmission Owner (OFTO).
The Dudgeon wind farm is the first project to reach this stage in the fifth tender round which Ofgem has run for offshore transmission links. It is located off the coast of Cromer, Norfolk and has a capacity of 402MW.
The wind farm will power close to 410,000 UK homes. The developer’s estimated value of the transmission assets is £377.2 million.* A consortium of Masdar, Statoil ASA and Statkraft currently owns the link.