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| Source: | Find a Tender Service (FTS) |
| Buyer: | TI LirIC Limited |
| Main Category: | Services |
| Procurement Method: | Competitive flexible procedure |
| Tender Status: | Complete |
| Estimated Value (ex. VAT): | Not specified |
| Release Date: | 23 January 2026 |
| Application Deadline: | — |
| Procurement ID (OCID): | ocds-h6vhtk-0586b7 |
| Notice Reference: | 006141-2026 |
View Original Notice
Access the full notice on the official portal
. Previous publications: UK4: Tender notice. Notice identifier: 2025/S 000-048267. TI LirIC Limited is awarding a contract under competitive flexible procedure for the Financial Advisory Services in relation to the LirIC HVDC Interconnector Project located between Scotland and Northern Ireland (NI). Scope is split into two lots: Lot A. Debt Raising (Core). Scope for the debt raising process is tabled below: 1.Financing Prep & Bankability Review 2.Regulatory Liaison 3.Financial Model Update & Sensitivities 4.Funding Plan (Cap & Floor Scenarios) 5.Lender Search, Screening & Adviser Appointment 6.Appointment of Lenders Advisers 7.ECA Financing Strategy 8.Debt Marketing Materials 9.Data-Room Management 10.Competitive Process & Mandate 11.Investment-Committee Materials 12.Documentation & Financial Close 13.Post-Close Handover: Pack & Training 14.Project Management, Governance & Reporting Lot B. Equity Sell-Down or Capital Raise (Optional by election of TI). If an equity sell-down or capital raise is pursued, scope is tabled below. 1. Project Diligence and Equity Risk Review 2. Financial Model Coordination and Case Development 3. Investor Search and Screening 4. Valuation and Discount Rate Calibration 5. Marketing Material 6. Data-Room Management 7. Competitive Process and Bid Evaluation 8. Investment-Committee Materials 9. Negotiation Support 10. Completion and Post-Close Handover The LirIC HVDC Interconnector 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 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. . To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=1006878164
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