EDF signs binding agreement for the sale of West Burton B CCGT gas power station to EIG
EDF announces that it has reached an agreement with EIG to sell its 1332 MW Combined Cycle Gas Turbine power station and 49 MW battery at West Burton B in Nottinghamshire.
Both parties aim to complete the transaction as soon as possible in 2021, subject to all applicable regulatory authorisations.
West Burton B CCGT power station facts:
- West Burton B CCGT is EDF's only gas-fired power station in the UK.
- Start of construction: 2008
- Start of generation: 2013
- Employees: 60
- Three combined cycle units with a combined output of 1332 MW - enough electricity for approximately 1.5 million UK homes.
- Gas connection: 19KM gas pipeline to supply gas to the site
EDF is helping Britain achieve Net Zero by leading the transition to a cleaner, low emission electric future and tackling climate change. We are Britain’s biggest generator of zero carbon electricity, meeting around one-fifth of the country’s demand and supplying millions of customers with electricity and gas.
With around 5 million accounts, EDF is one of the largest suppliers to British homes and businesses and a leading supplier of innovative energy solutions that are helping businesses become more energy independent. All of our home customers get energy tariffs backed by zero carbon electricity as standard.
We generate low carbon electricity from eight nuclear power stations, more than thirty onshore wind farms and two offshore wind farms, thousands of EV charge-points, and combined heat and power plants. Wind, nuclear and solar all produce electricity that is zero carbon at the point of generation and have similar emissions over the build, run and retire lifecycles.
EDF is leading the UK's nuclear renaissance with the construction of a new nuclear power station at Hinkley Point C, and is leading the development of plans for a replica at Sizewell C in Suffolk. Hinkley Point C and Sizewell C will provide low carbon electricity to meet 14% of UK demand and power around 12 million homes.
EDF is one of the UK’s largest investors in renewables, with 1GW of renewable generation in operation and over 4GW in construction, planning and development across a range of technologies including onshore and offshore wind, solar and battery storage. We are constructing our largest offshore wind farm in Britain – the 450 MW Neart na Gaoithe project in Scotland, which will be ready in 2023.
Our energy services business, Imtech, is one of the largest technical service providers in the UK and Ireland.
EDF is part of EDF Group.
A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business generation, transmission, distribution, energy supply and trading, energy services.
A global leader in low-carbon energies, the Group has developed a diversified generation mix based on nuclear power, hydropower, new renewable energies and thermal energy.
The Group is involved in supplying energy and services to approximately 37.9 million customers, 28.1 million of which are in France. It generated consolidated sales of €69.0 billion in 2020. EDF is listed on the Paris Stock Exchange.
EIG is a leading institutional investor to the global energy sector with $22.0 billion under management as of December 31, 2020.
EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 39-year history, EIG has committed over $34.9 billion to the energy sector through more than 365 projects or companies in 36 countries on six continents.
EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe.
EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.
For additional information, please visit EIG’s website at www.eigpartners.com