Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
By September 2016, Ofgem’s Preliminary Information Memorandum for Galloper had set an Initial Transfer Value of £329.1 million for the Galloper offshore transmission assets, representing the estimated economic and efficient costs of developing and constructing the transmission system and providing the reference value for bidders at the Enhanced Pre-Qualification stage of Tender Round 5.