Tag: DTP

UK government to ease OFTO rules for four OWFs due to COVID-19 delays

The UK Department for Business, Energy and Industrial Strategy (BEIS), in its consultation notice, exempted the four offshore wind farm (OWF) generators in Tender Rounds 5 (TR5) and ongoing TR6 of the offshore transmission owner (OFTO) regime, from the prerequisite to hold a licence to transmit electricity, owing to the COVID-19-related delays in the assets transferring to an OFTO company.

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Diamond Transmission Partners acquire UK’s Race Bank link

Race Bank Wind Farm Limited has signed an agreement with Diamond Transmission Partners (DTP)—a consortium comprising Diamond Transmission Corporation Limited (a wholly owned subsidiary of Mitsubishi Corporation) and HICL Infrastructure Company Limited (HICL))—for the sale of transmission assets associated with the Race Bank offshore wind farm.

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