LirIC HVDC Interconnector - Financial Advisory Service

Description

This Tender Notice coincides with the launch of the procurement process for the Financial Advisory requirements in relation to the LirIC HVDC Interconnector located between Scotland and Northern Ireland (NI). This Tender Notice is linked to a Request to Participate (RTP) event in the Delta eSourcing platform where potential bidders are asked to provide certain information in order to proceed to the later ITT stage. Previous publications: None The LirIC Project: TI LirIC Limited is engaged in the development of a 700MW High Voltage Direct Current (HVDC) electricity interconnector project that will connect the Great Britain (GB) and Irish (I-SEM) transmission networks. This project is called the "LirIC" Project (https://tinv.com/intercon-projects/liric/). The project will link grid connection points in the GB and Northern Irish transmission grids. The LirIC interconnector shall utilise Voltage Source Converter (VSC) technology and the configuration shall be a Symmetrical Monopole. The rated DC voltage shall be +/-320 kV. The link shall be bi-directional and shall have a rated power (receiving end) of 700 MW The LirlC Project components: The main components of the LirIC Project will comprise: • HVDC to HVAC VSC Converter Stations in both Scotland and Northern Ireland with associated civil and building works; and • Two 320kV HVDC Cables onshore and offshore between Scotland and Northern Ireland over a route of approximately 140km, plus • One 400kV HVAC Cable connection from the Scottish converter station to the Scottish grid over a route of approximately 1km. The Project has been awarded an 'in principle' cap and floor arrangement in Great Britain by Ofgem and a transmission licence in Northern Ireland. The Project is targeting a Financial Close in September 2027. Preliminary Market Engagement: TI LirIC Limited has conducted some preliminary market engagement prior to the publication of this Tender Notice and will allow additional time for engagement during the RTP stage up to the questions for clarification deadline currently set as 27th August 2025. Any requests for a 30 min engagement call should be addressed to TI LIrIC Procurement: dan.chepa@tinv.com and brian.dunn@tinv.com Request to Participate (RTP): Respondents wishing to participate are requested to register in Delta eSourcing (via the link https://www.delta-esourcing.com).[Access Code 6ZRZ4495U9] The Link to the Request to Participate event can also be found in this Tender Notice. Any questions relating to the RTP must be sent through the Delta message center. Information relating to the scope and each Lot can be found below in this Tender Notice. Bidders will only be allowed to choose one Lot or both Lots. For the avoidance of doubt, TI LirIC Limited does not consider itself to be bound by the Procurement Act 2023 or any associated procurement legislation (together, "UK procurement legislation"). Accordingly, the procurement for the award of Converter Stations and Civil & Building Works as further described in this notice and any associated documents (the "Procurement") is not, nor does it purport to be, subject to UK procurement legislation. For the avoidance of doubt, interested suppliers are put on notice that the publication of this document and any other document that relates to this Procurement is published voluntarily and nothing in this document, or any other document that TI LirIC Limited publishes in relation to this Procurement should be construed as purporting to give rise to rights or obligations under UK procurement legislation. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-London:-Financial-consultancy-services./6ZRZ4495U9 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/6ZRZ4495U9