Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Following its selection as preferred bidder for the Neart na Gaoithe OFTO, Equitix is expected at asset transfer to be granted an OFTO Transmission Licence by Ofgem and to acquire the Neart na Gaoithe offshore transmission assets, comprising the offshore substations, offshore export cables of approximately 38 km each, onshore export cables of approximately 13 km each, and the newly built onshore substation and associated infrastructure that connect into SPEN’s Crystal Rig substation.