Offshore wind power: OFGEM Appoints Preferred Bidder For Wind Farm

The Office of the Gas and Electricity Markets, or OFGEM, Wednesday said it has awarded Transmission Capital Partners the preferred bidder status for the first project in the second round of tenders, or Transitional Round 2, to own and operate offshore links for the Lincs project.


-Estimated value of the assets is GBP282 million.

-Transmission Capital, which is a consortium comprising of Transmission Capital Partners LP and International Public Partnerships (>> International Public Partnerships Ltd), has been selected to own and operate the high voltage transmission link to the 250 megawatt, or MW, Lincs offshore wind farm.

-Lincs wind farm project is owned by a consortium of Centrica (>> Centrica PLC), Dong Energy and Siemens Project Ventures.