£105m deal agreed for overhauled power station

£105m deal agreed for overhauled power station

A gas-fired power station has changed hands in a £105-million deal.

Germany’s RWE Generation has acquired the 382MW combined cycle power plant at King’s Lynn, Norfolk, from Centrica.

It is the latest divestment by the UK parent company of British Gas, having sold the significantly larger South Humber Bank power station and a sister site in Langage, Devon, to Czech-owned EPI UK in 2017.

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