Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
By late November 2012, Ofgem’s Transitional Round 2 tender for the London Array transmission assets had reached the stage where a Preferred Bidder had been appointed for the London Array OFTO, with the project shown in Ofgem’s "OFTO story so far" summary as having a status of "Preferred Bidder appointed" against an estimated transfer value of £428.4 million.