Process to close for Tender Round 4 (TR4)
Guidance
Publication date
Industry sector
Offshore Transmission Network
The regulatory regime for offshore electricity transmission enables the Authority to grant an Offshore Transmission Owner (OFTO) Licence on the basis of a competitive tender process. This document provides guidance to Bidders, Developers and other interested stakeholders on the process to close, from the determination of a Preferred Bidder to grant of the OFTO Licence, financial close and asset transfer.
This guidance applies to TR4. This will lead to the grant of an OFTO Licence for the Burbo Bank Extension project.