Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Ofgem granted an offshore transmission licence to Diamond Transmission Partners Hornsea One Limited (a Mitsubishi Corporation / Chubu Electric Power consortium) for the Hornsea One transmission assets. The final transfer value was GBP 1,175 million for a 25-year licence. The assets transferred from Orsted to the OFTO under Ofgem's competitive tender process.