Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
In early 2014, Balfour Beatty acquired the high-voltage offshore transmission link serving the 504 MW Greater Gabbard offshore wind farm under Ofgem’s offshore transmission tender scheme. This acquisition marked Balfour Beatty’s first offshore transmission investment and established its ownership interest in the Greater Gabbard OFTO assets, which include one onshore and two offshore substations and more than 150 km of subsea cable.