Financial Other

On 3 March 2011, Ofgem published its Cost Assessment Report for the Robin Rigg transmission assets, concluding that the economic and efficient costs of developing and constructing the assets were £65,516,330; this assessed transfer value, derived from earlier initial and indicative values of £58.7 million and £57.3 million, formed the basis for the consideration paid by TC Robin Rigg OFTO Limited and was incorporated into the project’s regulated tender revenue stream.