UK’s Ofgem opens tenders for links to Galloper and Walney Extension offshore wind farms

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
UK’s Ofgem opens tenders for links to Galloper and Walney Extension offshore wind farms

Ofgem has invited companies to submit bids to own and run links to two offshore wind farms. The links will connect the Galloper wind farm off the east coast of England, and the Walney Extension wind farm in the Irish Sea.

The two links represent the second stage of the fifth tender round (TR5) for offshore transmission owners (OFTOs). TR5 is the largest tender round to date, with over 2.3 GW of generation and an estimated value of £2 billion (US$2.43 billion).

Ofgem, which runs the tender process, will choose the most competitive bids from companies to own and run links to the offshore sites over a 20-year period. The launch of the second stage of TR5 comes after Ofgem announced shortlists of bidders for the first phase of TR5 earlier this month.

Companies have eight weeks to enter submissions for the Galloper and Walney Extension links. Ofgem will publish bidder shortlists for each project in the summer. 

The 336 MW Galloper offshore wind farm project is located 27km off the east coast of England and is adjacent to the Greater Gabbard project. The onshore connection point is at Sizewell, near Leiston. The transmission system will include offshore substation platforms, offshore and onshore AC export cables and an onshore substation.

The Walney Extension offshore wind farm is located approximately 19km from shore in the Irish Sea and connects to Heysham.

List of country news

Country news

  • March 15, 2017

    EIB to provides €10 million loan for MeyGen Phase 1B

    The European Investment Bank (EIB) is considering to grant Atlantis Resources Ltd a €10 million (US$10.64 million) loan for the 6 MW MeyGen Phase 1B tidal stream project in Scotland.

    Read more
  • March 14, 2017

    Actis hits US$2.75bn hardcap for fourth energy fund

    Actis has announced that it has reached final closing on its fourth energy fund Actis Energy 4 (AE4) with commitments hitting a hardcap at US$2.75billion.

    Read more
  • March 08, 2017

    Iona Capital backs the Northern Powerhouse with a portfolio of renewable energy investments

    Iona Capital, through its North West Environmental Infrastructure Fund and through Iona Environmental Infrastructure Funds 1 and 2, has committed £130 million (US$158 million) of investment into new and existing environmental infrastructure projects in the UK’s Northern Powerhouse.  

    Read more
  • March 06, 2017

    MIDIS provides 140 million CPI-linked long-term infrastructure debt for Banks Renewables

    Macquarie Infrastructure Debt Investment Solutions (MIDIS) has structured new long-term debt facilities for Durham-headquartered Banks Renewables, the renewable energy division of the Banks Group, delivering over £140 million (US$172 million) of infrastructure project financing debt on behalf of its investors.

    Read more
  • October 10, 2016

    Six bidders shortlisted for Dudgeon, Rampion and Race Bank offshore wind links

    Ofgem has announced shortlists of bidders competing to own and operate transmission links to the Dudgeon, Rampion and Race Bank wind farms off the coasts of Norfolk and Sussex (UK), totalling 1,375 MW. The following 6 bidders have been shortlisted.

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.