The Office of Gas and Electricity Markets (Ofgem) has selected Equitix as the preferred bidder for the Tender Round 10 Neart na Gaoithe Offshore Transmission Owner (OFTO) project. The 448 MW Neart na Gaoithe Offshore Wind Farm, developed by Neart na Gaoithe Offshore Wind Limited—a 50/50 joint venture between EDF Renewables UK and Irish energy company ESB—is located around 16 km from Fife Ness and 16 km from the Isle of May.
Under the asset transfer, Equitix will receive a Transmission Licence and take ownership of the transmission assets, including the offshore substations, approximately 38 km of offshore export cables, 13 km of onshore export cables, the newly built onshore substation, and associated infrastructure. These assets connect to the SPEN substation at Crystal Rig.
