Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
By 27 July 2021, Ofgem had granted an offshore transmission licence to TC Beatrice OFTO Limited, a consortium of Transmission Capital Partners Limited Partnership and International Public Partnerships Limited, for the Beatrice transmission assets, securing a 23-year tendered, inflation-linked revenue stream based on the assessed transfer value under the OFTO regime.