Announced
Financials
Tags
Acquisition
Private
Friendly
United Kingdom
Domestic
Conventional Electricity
Private Equity
Pending
Infrastructure
Single Bidder
gas power
Majority
Synopsis
Rockland Capital, an investment company, agreed to acquire the Peterborough open cycle gas turbine site from Centrica, a British multinational energy and services company with its headquarters in Windsor, Berkshire, for £20m. The transaction is expected to complete before the end of September 2021, and Centrica will continue to provide optimisation services to the Peterborough site after the sale. The sale is consistent with Centrica's strategy to become a simpler, leaner group focused on delivering for its customers and its target to be net zero by 2045.
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