Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
By 18 February 2015, Gwynt y Môr OFTO had secured its regulated revenue regime, with Balfour Beatty stating that its Services division would operate and maintain the transmission assets under a licence granted by Ofgem that provides a 20‑year revenue stream. This Ofgem licence underpins the long‑term income for the offshore transmission system connecting the 576 MW Gwynt y Môr wind farm to the onshore transmission grid.