Ofgem has kicked off the sale process for the transmission assets at Dong Energy’s 258MW Burbo 2 offshore wind farm.
Pre-qualification documents for the fourth Offshore Transmission Owner (OFTO) tender round were released this week.
A final bid deadline of June has been set with Ofgem setting the initial transfer value at £230.2m.
The OFTO assets comprise the offshore substation, the 220kV export cable, the onshore cable and substation and the 400kV connection to the national grid.
A preferred bidder will be announced by next March.
Ofgem said it has removed early-stage bidder payments as part of a more streamlined bidding process.
Image: Dong
