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Great British Energy (GBE) has identified up to six early Floating Offshore Wind (FLOW) investment opportunities and wishes to investigate whether it should invest in each of these. Its intentions are still very much in the early phases and as such is undertaking a series of activities that will inform its future business investment decisions and desired outcomes for the FLOW project.
GBE has earmarked an amount which could be invested across all those projects identified to be suitable to be invested in. It is intended that this would be in the form of a pari passu investment with private/commercial investors.
These projects are all pre-Financial Investment Decision (FID) stage. To note that GBE investment or engagement with any of these projects will not result in favoured positions for the Contracts for Difference (CfD) programme which is managed by DESNZ and appropriate ethical walls between DESNZ CfD team and GBE are present. The role of GBE once investment has been made is subject to negotiation with each party.
DESNZ intends to engage the services of a Supplier to provide Technical Advice to support aspects of the activities as per above. This was procured using the DESNZ's Energy and Net Zero Professional Services (ENZPS) Framework.
Additional information:
Redacted Contract
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Ricardo AEA Ltd | 08229264 | £250,000 | - |
Government spending data: This supplier has received £299,915,454 in 2,364 payments (over £25k) from Department for Transport, DEFRA, BEIS, DESNZ, Scottish Government and 11 more public bodies (2012-11-09 to 2026-05-27). View full payment history →