Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Following further information from the developer and additional analysis, Ofgem determined an Indicative Transfer Value of £500.8 million for the Race Bank offshore transmission assets in November 2017. This updated cost estimate was provided to bidders at the Enhanced Pre‑Qualification stage and used as the assumed transfer value for submissions at the Invitation to Tender stage of the TR5 OFTO process.