Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 22 July 2009, Ofgem published the Barrow Offshore Transmission Assets Preliminary Information Memorandum to support the launch of the initial pre-qualification phase of the first OFTO tender for the Barrow transmission assets. The document set out the opportunity for investors to acquire the Barrow offshore transmission assets and become the licensed OFTO, and established an initial Assessed Transfer Value of £36.5 million for the assets, forming the financial basis for the competitive revenue tender process.