West Burton power plant sold for £450m
TotalEnergies has signed an agreement with EIG, a global energy sector institutional investor, to acquire West Burton Energy in a deal worth £450m.
West Burton Energy operates the West Burton B gas-fired power plant in Nottinghamshire.
Commissioned in 2013, West Burton B includes three combined-cycle gas turbines (CCGT) with a total output of 1.3 GW, providing power to approximately 1.8m homes.
The agreement is anticipated to enhance TotalEnergies’ trading capabilities in the UK’s electricity and gas markets, facilitating its provision of energy to approximately 300,000 UK customer sites.
Leveraging its existing natural gas production operations in the country, where it holds a 30% project share, TotalEnergies aims to supply the West Burton B plant,
With the addition of West Burton Energy, TotalEnergies’ global flexible power generation portfolio expands to approximately 7 GW of gross capacity, complementing its existing 23 GW of gross renewable capacity.
The planning inspectorate will submit its recommendation regarding the project to the Secretary of State in early August, who will then have three months to make a decision.
The West Burton solar project aims to provide solar energy and energy storage across several land parcels in Lincolnshire and Nottinghamshire, approximately 7.4 km south and up to 14.6 km southeast of Gainsborough, within the jurisdiction of West Lindsey District Council.
The Nationally Significant Infrastructure Project (NSIP) will feature three electricity-generating stations, each with an expected capacity exceeding 50 MW.
The project will include ground-mounted solar arrays, energy storage, grid connection infrastructure, and other necessary infrastructure for the construction, operation, and maintenance of the NSIPs.
Tara Sethi, technical director at Lanpro, said: “Lanpro has worked with Island Green Power on the creation of the West Burton Solar Project for three years. This substantial project has the potential to provide affordable, clean power to hundreds of thousands of homes in Lincolnshire and Nottinghamshire. In doing so, it has a significant role to play in meeting the country’s Net Zero target. We’ve been privileged to work with Island Green Power on this and Cottam solar schemes and we look forward to a successful outcome later this year.”
In preparing the planning application, Lanpro worked alongside legal advisor, Pinsent Masons, Dalcour Maclaren for land referencing and Counter Context for communications.
