
TotalEnergies SE has agreed to sell 50% of its stake in West Burton Energy to EPUK Investments Ltd. (EPUKI), the UK division of Energeticky a prumyslovy holding (EPH). This move aligns with TotalEnergies’ initial strategy to resell half its ownership after acquiring West Burton Energy.
West Burton Energy operates the West Burton B gas-fired power plant in Nottinghamshire, England, which has three combined-cycle gas turbines (CCGT) with a total output of 1.3 gigawatts (GW) and a 49-megawatt (MW) battery storage system added in 2018.
TotalEnergies stated that the acquisition of West Burton Energy complemented its UK renewable portfolio by providing flexible generation to balance intermittent renewable power and ensure firm supply.
The company currently holds 1.1 GW of gross installed renewable capacity in the UK, with 4.5 GW under development. However, TotalEnergies requires only 700 MW of gas-based generation capacity to support its renewable expansion.
Sophie Chevalier, Senior Vice President of Flexible Power and Integration at TotalEnergies, emphasized the strategic significance of the deal: “Partnering with EPH allows us to optimize our net flexible generation capacity to 700 MW, aligning with our renewable growth goals in the UK. The integration of flexible and renewable assets will support our target of achieving a 12% return for our Integrated Power business by 2030.”
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