WebNov 27, 2013 · Balfour Beatty, the international infrastructure group, announces today that it has reached financial close in the £317 million Greater Gabbard offshore transmission project.... April 3, 2024 WebFeb 5, 2014 · The Greater Gabbard OFTO acquisition is Balfour Beatty Investments’ first offshore transmission investment as part of Ofgem’s tender scheme. Mott MacDonald will continue to provide advisory services to Balfour Beatty Investments for their growing portfolio of OFTO investment projects. Their portfolio, including projects at the preferred ...
GREATER GABBARD OFTO INTERMEDIATE LIMITED overview
WebOct 3, 2024 · The A3 rating on Greater Gabbard OFTO PLC's senior secured debt reflects (1) a 20-year revenue entitlement period under a perpetual license awarded by Ofgem, the UK electricity regulator, to operate and maintain offshore transmission assets between the onshore grid and the Greater Gabbard offshore wind farm, which underpins a stable and ... WebThe project scope utilised EDS’ OFTO asset management, testing, inspection and maintenance capabilities at Greater Gabbard’s onshore Leiston substation and Inner Gabbard and Galloper offshore platforms. In an ongoing relationship, EDS’ OFTO offerings help support the long-term asset maintenance strategy at Greater Gabbard. The challenge the promised neverland banner
Sale of 33.3% interest in Greater Gabbard OFTO - Balfour Beatty plc
WebGreater Gabbard OFTO plc Annual Compliance Report 1 April 2024 to 31 March 2024 1. Introduction 1.1 Greater Gabbard OFTO plc (“GG OFTO”) is the licensee of the Greater Gabbard Offshore Transmission Owner Licence. 1.2 This report is prepared in accordance with the requirement of Amended Standard Condition WebDec 2, 2015 · Balfour Beatty, the international infrastructure group, announces the sale of its 33.3% interest in the Greater Gabbard Offshore Transmission (OFTO) project for a consideration of £25.5 million. The proceeds from the transaction are consistent with the Directors’ valuation. The investment is being acquired by funds managed by Equitix, a ... WebNov 27, 2013 · The Greater Gabbard OFTO is the high-voltage transmission system which connects the 504MW Greater Gabbard Wind Farm located off the coast of Suffolk to the onshore transmission grid. Greater Gabbard will generate enough electricity to power around 500,000 homes each year. the promised neverland blonde girl