TC Barrow has taken over ownership of the £33.6 million link from Dong Energy and Centrica, owners of the wind farm, and it can now operate the link under regulator Ofgem’s licence for a period of 18.5 years.
This is the third offshore transmission operator (OFTO) licence the regulator has granted under the regime.
The other two licences, for the links to the Gunfleet Sands and Robin Rigg wind farms, were also granted to Transmission Capital Partners earlier this year.
The OFTO regime has now delivered almost £150 million of finance into the UK offshore wind sector from new sources of funding.
Barrow was part of the first transitional tender round comprising £1.1 billion of offshore transmission links to nine offshore wind farms.
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