Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Triton Knoll OFTO Limited (Equitix 80% / TEPCO Power Grid 20%) completed the acquisition of the 857 MW Triton Knoll offshore transmission assets on 5 December 2023. Ofgem confirmed the determination to grant the licence on 1 November 2023. The transfer value was GBP 572.7 million. Assets transferred from Triton Knoll Offshore Wind Ltd (RWE 59% / J-POWER 25% / Kansai Electric 16%) under Ofgem's OFTO Tender Round 8.