Transmission Capital

Projects: Robin Rigg

Transmission Capital Partners was declared preferred bidder for the Robin Rigg offshore transmission licence on 5 August 2010. [See Ofgem press release] . We established TC Robin Rigg OFTO Ltd as a special purpose company to own the transmission assets and hold the transmission licence.

TC Robin Rigg OFTO Ltd was awarded a transmission licence and took ownership of the assets on 2 March 2011, becoming Britain's first Offshore Transmission Owner. [See Ofgem press release] . The transfer value of the assets was £65m.