Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 18 March 2016, Ofgem announced an initial transfer value of £230.2 million for the Burbo Bank Extension (BBE) offshore transmission assets at an information event on Offshore Transmission Owner (OFTO) Tender Round 4, and this figure was subsequently reflected in the preliminary information memorandum for bidders.