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New Deal


Announced

Completed

EIG completed the acquisition of MW Combined Cycle Gas Turbine and West Burton B from EDF Energy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
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Tags

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gas-fired generation plants

Single Bidder

Acquisition

Cross Border

Completed

Private

Integrated Oil and Gas

Friendly

Majority

United Kingdom

Private Equity

Synopsis

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EIG Global Energy Partners, provider of institutional capital to the energy sector globally, completed the acquisition of MW Combined Cycle Gas Turbine and West Burton B, a gas-fired power station, from EDF Energy, a British integrated energy company. Financial terms worry not disclosed. West Burton B CCGT is EDF's only gas-fired power station in the UK and has three combined cycle units with a combined output of 1332 MW, generating enough electricity for approximately 1.5 million UK homes. The West Burton battery is one of Europe’s largest battery storage assets with installed capacity of 49MW.

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