Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 15 May 2015, Ofgem appointed Transmission Capital Partners as the preferred bidder to own and operate the Westermost Rough offshore transmission link under Tender Round 3. TC Westermost Rough OFTO Ltd was established to acquire the transmission assets, with the OFTO licence subsequently granted on 4 February 2016 and asset transfer completing on 12 February 2016 at a transfer value of GBP 156.7 million.