Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 7 December 2023, Triton Knoll Offshore Wind Limited completed the sale of its transmission assets to Triton Knoll OFTO Limited, an entity owned by a consortium of Equitix Limited and TEPCO Power Grid Incorporated, under Ofgem’s OFTO regime. The transaction, led by RWE on behalf of the wind farm owners, is expected to generate approximately GBP 572.7 million in revenue and transfers 100% ownership of the Triton Knoll transmission assets to the OFTO company.