Smith Square Partners are acting as financial adviser (alongside consortium partner firms Centrus and CEPA) on the competitive tender process for the Triton Knoll and Moray East offshore wind farms

Smith Square Partners is pleased to announce that its consortium has been selected by the Office of Gas and Electricity Markets (“Ofgem”) to advise on the competitive tender process to select the offshore transmission owners (“OFTOs”) of the electricity transmission assets for Seagreen phase 1 offshore wind farm. It is a four year agreement where the consortium will provide financial advise across four modules including: Tender Round Support, Forensic Accounting Review, End of Tender Revenue Stream Policy Support and Determination of Income Adjusting Event Claims. The auction will be conducted under the Tender Round 9 process (“TR9”).