Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 26 September 2019, the Gunfleet Sands OFTO business refinanced its original non‑recourse bank debt with a new loan provided by its shareholder. This refinancing replaced the initial project finance facilities used to acquire the transmission assets, aligning the capital structure with the regulatory framework and INPP group objectives while maintaining funding for the remaining licence term.