UK energy authority grants licence for Dudgeon offshore wind farm transmission link
Ofgem, the independent energy regulator for Great Britain, has granted a licence to TC Dudgeon OFTO plc to own and operate the £297.9 million (US$341 million) high-voltage transmission link to the Dudgeon offshore wind farm for the next 20 years.
Transmission Capital Partners, a consortium comprising International Public Partnerships Limited, Amber Infrastructure Group and Transmission Investment, was selected by Ofgem through a tender process in which bidders compete to become Offshore Transmission Owners (OFTOs).
The Dudgeon wind farm is the first project from the fifth tender round of the regime for which Ofgem has granted an OFTO licence. It is located off the coast of Cromer, Norfolk and has a capacity of 402 MW. The wind farm will power close to 410,000 UK homes.
As part of the tender process, TC Dudgeon OFTO plc agreed to purchase the link and transmission assets from a consortium comprising Equinor ASA, Masdar and China Resources (Holdings) Co. Ltd which also owns the Dudgeon offshore wind farm.
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