UK: Ofgem grants licence for Transmission Capital Partners to own link to Westermost Rough Windfarm

The 210MW windfarm is around eight kilometres off the coast of Yorkshire. Transmission Capital Partners, a consortium comprising Transmission Capital Partners Limited Partnership and International Public Partnerships Limited, was chosen by Ofgem after a tender process in which bidders competed to become offshore transmission owners (OFTOs).

The Westermost Rough transmission assets were tendered under round three of the OFTO scheme. Since the scheme was launched in 2009, it has delivered £2.7 bn investment. Tendering reduces the costs of connecting offshore wind farms and the regime has already saved consumers between £200m and £400m as a result of Tender Round One.  

Ofgem expects to complete the licence grant for the Humber Gateway OFTO (the remaining project in tender round three) this summer. Ofgem also expects to launch tender rounds four and five later this year.