Estimated value of the assets is £282m.

TCP, a consortium comprising of Transmission Capital Partners and International Public Partnerships, was selected following an invitation to participate in the second round of tenders, or Transitional Round 2.

Lincs wind farm project is owned by a consortium of Centrica, Dong Energy and Siemens Project Ventures and is the second Centrica project to reach preferred bidder status.

The first phase of the second transitional tender round is expected to connect 1.4gW of offshore wind farms with a total value for the transmission assets of £1.1bn.

Other projects that are part of the first phase are the London Array (Phase 1) and Gwynt-y-Mor.

Ofgem supports the Gas and Electricity Markets Authority, the regulator of the gas and electricity industries in Great Britain.