Ofgem has selected the Transmission Capital Partners consortium as the preferred bidder for the Moray East Offshore Wind Farm transmission assets.
Transmission Capital Partners is a consortium of Transmission Capital Partners Limited Partnership and International Public Partnerships Limited.
Several matters are to be resolved by the preferred bidder to Ofgem’s satisfaction before it becomes the successful bidder in accordance with regulation 28(1) of the Tender Regulations.
The preferred bidder has to establish the necessary arrangements to provide offshore transmission services for the project, including having all relevant contractual, funding, regulatory and operational arrangements ready for the transfer of the transmission assets and the grant of the offshore transmission licence.
It also has to put in place a bilateral agreement with the holder of a coordination licence to provide transmission services for the project, accede to the System Operator – Transmission Owner Code; and resolve any other matters which Ofgem determines are necessary in relation to the project.