The winning team chosen for the scheme is Transmission Capital Partners, a consortium comprising Transmission Capital Partners and International Public Partnerships (INPP).
Under the deal, the consortium will own and operate the high-voltage transmission link to the Dudgeon offshore windfarm for the next 20 years. Based off the coast of Cromer in Norfolk, the windfarm will power nearly 410,000 homes.
The Dudgeon OFTO is the first of the fifth tender round to appoint a preferred bidder. Six bidders were shortlisted for the deal in March this year, at the same time as the Rampion and Race Bank OFTOs.
Statoil and partners Masdar and Statkraft officially opened the Dudgeon offshore wind farm this week.