Transmission Capital Partners has been selected to run the transmission link for the 150 MW Ormonde offshore windfarm off the Cumbrian coast. This follows the announcement in August of the preferred bidders to operate the first £700 million worth of offshore transmission links. The Ormonde transmission link is worth a further £100m.
Following a close competition between bidders at the Invitation to Tender (ITT) stage, Ofgem decided to invite three out of the four original bidders to make their best and final offers (BAFO). Through a BAFO process designed to ensure best value for money for both customers and wind farm generators, Ofgem selected Transmission Capital Partners (a consortium of Transmission Capital, International Public Partnerships and Amber Infrastructure Group) as the preferred bidder. Balfour Beatty Capital have been selected as the reserve bidder.