Ofgem launches £3.5bn tender for Hornsea 3 transmission assets

Ofgem has launched a tender estimated at £3.5 billion for investors to own and operate the transmission infrastructure connecting the Hornsea 3 offshore wind farm to Britain’s electricity grid. Tender Round 14 opened on 21 October 2026 and is expected to be the largest round under the regulator’s Offshore Transmission Owner regime, known as OFTO. […]