Gravis consortium shortlisted by Ofgem for TR13

1 minute read

Contributors

Matteo Quatraro

Director, Head of Portfolio

We’re pleased to share that the Gravis Sosteneo Consortium (GSC) has been shortlisted by Ofgem to participate in Tender Round 13 (TR13) for offshore transmission assets linked to three major North Sea wind farms: East Anglia THREE, Inch Cape and Dogger Bank C, with a combined estimated value of £3.5 billion.

GSC will now move forward to the Invitation to Tender stage. These pre built connections comprising onshore and offshore cables, converter stations and substations, will help bring clean power from Offshore Wind Farms onto Britain’s electricity network and support the ability to power millions of homes.

Matteo Quatraro, Head of Portfolio at Gravis commented: “For Gravis and Sosteneo Infrastructure Partners, this is an important milestone in a partnership that brings together complementary strengths in long term infrastructure investment, technical expertise and stewardship of essential energy assets. We are proud to be part of a diverse and competitive field, and we look forward to the next phase of the process and the opportunity to play a role in delivering reliable, regulated transmission infrastructure for the UK’s offshore wind sector.”

You can view the full Ofgem announcement here

You can read more about OFTO and the tender process here.

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This article has been prepared by Gravis Capital Management Ltd (“Gravis”) and is for information purposes only.

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Gravis Capital Management Ltd is authorised and regulated by the Financial Conduct Authority; registered in England and Wales No: 10471852 and its principal place of business is 24 Savile Row, London W1S 2ES.

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