Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Ofgem shortlisted bidding groups for the Race Bank offshore transmission project in Tender Round 5, selecting Balfour Beatty Investments, Equitix, Diamond Transmission Partners, Transmission Capital Partners and Triton Transmission to compete at the Invitation to Tender stage. The Race Bank link was one of three OFTO assets in TR5, a round estimated at £2 billion in total, under which each eventual OFTO would receive a guaranteed 20‑year regulated revenue stream through its licence.