(Energy Analytics Institute, 16.Dec.2024) — France’s TotalEnergies sold to EPUKI, the United Kingdom (UK) subsidiary of EPH, a 50% interest in West Burton Energy, a company wholly acquired in Jun. 2024 with the announced intention to resale one half.
West Burton owns a 1.3 GW gas fired power plant and a 49 MW battery storage system in the UK, TotalEnergies said 16 Dec. 2024 in an official statement. The plant will be operated by the joint venture between TotalEnergies and EPUKI.
“Thanks to this operation, we are adjusting our net flexible generation capacity at 700 MW, which is consistent with the capacity required to support our Renewables growth in the United Kingdom,” TotalEnergies Senior Vice President Flexible Power & Integration Sophie Chevalier said in the statement.
“This integration between flexible and renewable assets will contribute to the objective of our Integrated Power business to reach 12% return by 2030,” Chevalier said.
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