OFGEM Appoints Preferred Bidder For First Lincs Project
May 09 2012 - 4:09AM
Dow Jones News
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.
MAIN FACTS:
-Estimated value of the assets is GBP282 million.
-Transmission Capital, which is a consortium comprising of
Transmission Capital Partners LP and International Public
Partnerships (INPP.LN), 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
(CNA.LN), Dong Energy and Siemens Project Ventures.
-By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448,
tapan.panchal@dowjones.com
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