EDF has reached an agreement to sell its 1332 MW combined cycle gas turbine power station and 49 MW battery at West Burton B in Nottinghamshire to EIG. EIG is a prominent institutional investor in the global energy sector with $22.0 billion under management as of December 2020.
Both parties aim to complete the transaction as soon as possible in 2021, subject to all applicable regulatory authorisations.
West Burton B CCGT is EDF's only gas-fired power station in the UK. Construction started in 2008, and generation in 2013. The sale is in line with the EDF Group’s low carbon aims, as it concentrates its ownership on nuclear, hydro and renewables generation. Currently in the UK its portfolio includes eight nuclear power stations, thirty onshore wind farms and two offshore arrays.
Photo: West Burton B (credit: EDF Energy)