Search results for: ofto

4428 results

A list of search results

  • 2 August 2016
    Business & Finance, Operations & Maintenance, Storage, Technology

    Offshore Wind Consultants Limited (OWC) has been employed by Transmission Capital Services Limited (TCS) to provide technical consultancy services on contingency planning and other services relating to the OFTO assets managed by TCS. TCS manages six OFTOs, namely TC Barrow OFTO Limited, TC Gunfleet Sands OFTO Limited, TC Ormonde OFTO Limited, TC Robin Rigg OFTO […]

  • 12 February 2015
    Storage

    Gwynt y Môr OFTO plc has been awarded a licence by Ofgem to own and operate the £352 million transmission link to the Gwynt y Môr offshore wind farm. It is the largest offshore transmission (OFTO) project to date to be financed through the capital markets. Gwynt y Môr OFTO plc is owned by the Balfour […]

  • 2 August 2016
    Research & Development

    Offshore Wind Consultants Limited (OWC) has been selected by Transmission Capital Services Limited (TCS) to provide technical consultancy services on contingency planning and other services relating to the OFTO assets managed by TCS. TCS manages six OFTOs, namely TC Barrow OFTO Limited, TC Gunfleet Sands OFTO Limited, TC Ormonde OFTO Limited, TC Robin Rigg OFTO Limited; […]

  • 18 February 2015
    Business & Finance

    Balfour Beatty, the international infrastructure group, has reached financial close and completed the acquisition of the £352 million Gwynt y Môr offshore transmission project (OFTO) in the UK. Balfour Beatty will jointly own Gwynt y Môr OFTO with Equitix. Balfour Beatty will invest £28 million of equity, which represents 60% of equity required. The Gwynt […]

  • 16 February 2015
    Operations & Maintenance, Project & Tenders

    Balfour Beatty, the international infrastructure group, announced the disposal of an 80% interest in the Thanet offshore transmission project (“Thanet OFTO”) for £40 million ($61.7 million).  Thanet OFTO is the high-voltage electricity transmission system connecting the 300MW Thanet Wind Farm, off the coast of Kent, to the onshore transmission grid. Assets include one offshore and […]

  • 15 March 2019
    Business & Finance, Storage

    Ofgem has appointed Diamond Transmission Partners as the preferred bidder to own and operate the offshore transmission link of the Walney Extension offshore wind farm in the UK. The consortium of HICL Infrastructure Company, Diamond Transmission Corporation and Chubu Electric Power will be operating the wind farm’s transmission link for a period of 20 years. HICL said that […]

  • 8 November 2018
    Authorities & Government, Operations & Maintenance, Project & Tenders, Storage

    Ofgem has granted a licence to TC Dudgeon OFTO plc to own and operate the GBP 297.9 million high-voltage transmission link to the Dudgeon offshore wind farm for the next 20 years.

  • 12 February 2015
    Storage

    Gwynt y Môr OFTO plc has been awarded a licence by Ofgem to own and operate the £352 million transmission link to the Gwynt y Môr offshore wind farm. It is the largest offshore transmission (OFTO) project to date to be financed through the capital markets. Gwynt y Môr OFTO plc is owned by the Balfour […]

  • 15 February 2016
    Operations & Maintenance

    TC Westermost Rough OFTO Limited has appointed CWind to maintain offshore and onshore assets at the Westermost Rough offshore wind farm. Timed to coincide with the handover of the OFTO assets to TC Westermost Rough OFTO Limited, the company has signed up CWind to maintain the mechanical and electrical systems of both the offshore and […]

  • 28 February 2014
    Business & Finance, Project & Tenders, Storage

    On Wednesday, February 26, Ofgem launched the third Offshore Transmission Owner (OFTO) tender round, for the high voltage transmission links of two offshore wind farms, Westermost Rough and Humber Gateway. They are situated in the North Sea off the coast of Yorkshire. Worth almost £400m, Tender Round 3 (TR3) is the first new tender round […]

  • 18 August 2016

    Ofgem, which has been evaluating Enhanced Pre-Qualification (EPQ) submissions for Burbo Bank Extension, part of Tender Round 4, is scheduled to notify the bidders of the outcomes and publish the Qualifying Bidder shortlist this month. In addition, the UK’s energy market regulator has disclosed a more specified timetable for the Tender Round 5, for which it recently announced […]

  • 27 September 2011
    Storage

    Ofgem E-Serve has today confirmed that TC Barrow OFTO Limited (Transmission Capital Partners) has secured a licence to operate the high voltage link to the 90 MW Barrow offshore wind farm, near Barrow-in-Furness. TC Barrow OFTO Limited has taken over ownership of the £33.6m link from Dong Energy and Centrica, owners of the wind farm […]

  • 27 September 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      Ofgem E-Serve has confirmed that TC Barrow OFTO Limited (Transmission Capital Partners) has secured a licence to operate the high voltage link to the 90 MW Barrow offshore wind farm, near Barrow-in-Furness. TC Barrow OFTO Limited has taken over ownership of the £33.6m link from Dong Energy and Centrica, owners of the wind farm […]

  • 28 September 2012
    Business & Finance

    Hogan Lovells advised the bank lenders to the Blue Transmission consortium of Macquarie Capital Group Limited and Barclays Integrated Infrastructure Fund on the consortium’s successful bid to acquire and operate the transmission link to the Walney 2 offshore wind farm for £110 million. The lending group comprised Lloyds Banking Group, SMBC, Bank of Tokyo Mitsubishi, […]

  • 16 February 2015
    Storage

    After buying the Thanet offshore transmission infrastructure in December last year, Balfour Beatty has announced the disposal of an 80% interest in the project for £40 million. Thanet OFTO is the high-voltage electricity transmission system connecting the 300MW Thanet Wind Farm, off the coast of Kent, to the onshore transmission grid. Assets include one offshore […]

  • 10 July 2012
    Business & Finance, Storage

    TC Ormonde OFTO Limited, an entity incorporated by the consortium Transmission Capital Partners (TCP), has been granted a licence by Ofgem E-Serve to own and operate the transmission link to the Ormonde wind farm. The TCP consortium are comprised of Transmission Capital, Amber Infrastructure Group and International Public Partnerships (INPP).  TCP was appointed by Ofgem […]

  • 28 February 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Ofgem launches the third Offshore Transmission Owner (OFTO) tender round, for the high voltage transmission links of two offshore wind farms, Westermost Rough and Humber Gateway situated in the North Sea off the coast of Yorkshire. Worth almost £400m, Tender Round 3 (TR3) is the first new tender round to be run under the enduring […]

  • 4 August 2017
    Business & Finance, Operations & Maintenance

    Ofgem has shortlisted bidders competing to own and operate transmission links to the Galloper and Walney Extension wind farms off the coasts of Cumbria and Suffolk. The following bidders have been shortlisted: Diamond Transmission Partners; Mari Energy Transmission and Transmission Capital Partners. The two links are the final projects of the five to be tendered […]

  • 8 November 2018
    Authorities & Government, Operations & Maintenance, Project & Tenders, Storage

    Ofgem has granted a licence to TC Dudgeon OFTO plc to own and operate the GBP 297.9 million high-voltage transmission link to the Dudgeon offshore wind farm for the next 20 years.

  • 8 September 2016
    Business & Finance, Storage

    The European Investment Bank (EIB) is providing GBP 82 million for the purchase, operation and maintenance of the Humber Gateway offshore transmission system. The 19-year long term EIB loan will be provided to Humber Gateway OFTO Ltd, the consortium behind the transmission link project that comprises Balfour Beatty and Equitix. The Humber Gateway transmission link connects […]

  • 8 December 2016

    Petrofac has completed a risk assessment and engineering support project for Transmission Capital Lincs OFTO on two 48km subsea cables connecting the Lincs offshore wind farm with the onshore transmission system. Following a full assessment of the impact of external risks to the cable, such as fishing and anchor damage in areas where the seabed […]

  • 4 February 2016
    Business & Finance, Storage

    Westermost Rough Ltd, a wholly owned subsidiary of DONG Energy, the UK Green Investment Bank and Marubeni Corporation, has signed an agreement for the sale of its transmission assets to TC Westermost Rough OFTO Limited. The transmission assets, valued at GBP 157 million, include the onshore substation, export cables and the offshore substation. TC Westermost Rough […]