Ofgem: adviser on Tender Round 7 and Tender Round 8
£1bn+2020-2024 Transfer of the TR7 and TR8 offshore windfarm transmission links Smith Square Partners Consortium was appointed by the Office of Gas and Electricity Markets (“Ofgem”) as financial adviser on the competitive tender round processes 7 (“TR7”) and 8 (“TR8”) to select the offshore transmission owners (“OFTOs”) of electricity transmission cable assets for offshore wind […]
£1.14bn transfer of the Hornsea Two offshore windfarm transmission link (TR8)
2023 Transfer of the Hornsea Two offshore windfarm transmission link (TR8) Smith Square Partners Consortium acts as financial adviser to Ofgem on the £1.14bn completed transfer of Hornsea Two offshore wind farm transmission link from Ørsted to Diamond Transmission Partners On 14 July, 2023 Ofgem announced its confirmation to grant an Offshore transmission licence to […]
TR9 auction of offshore electricity transmission assets
>£1bn January 2022 TR9 auction of offshore electricity transmission assets Smith Square Partners is delighted that Ofgem has selected its consortium to continue to act as financial adviser on the sales processes to select the offshore transmission owners (“OFTOs”) for the transmission assets related to offshore wind farms. The contract will commence with the auction related […]
TR8 auction of offshore electricity transmission assets
Smith Square Partners consortium appointed to advise Ofgem on the TR8 auction of offshore electricity transmission assets Smith Square Partners is pleased to announce that its consortium has been selected by the Office of Gas and Electricity Markets (“Ofgem”) to advise on the competitive tender process to select the offshore transmission owners (“OFTOs”) of the […]
TR7 auction of offshore electricity transmission assets
Smith Square Partners consortium appointed to advise Ofgem on the TR7 auction of offshore electricity transmission assets