Transmission Capital Partners was named by Ofgem as preferred bidder to own and operate the HV grid link for the 588MW Beatrice offshore wind farm in the Moray Firth on 18 December.
Transmission Capital Partner still must establish the necessary arrangements to provide offshore transmission services for the project. This includes having all relevant contractual, funding, regulatory and operational arrangements ready for the transfer of the transmission assets.
A bilateral agreement will also need to be put in place with the holder of a co-ordination licence to provide transmission services for the project.
The other issues relate to acceding to the system operator transmission owner code and resolving any other matters that Ofgem deems are necessary to the project.