EPUKI to acquire a 50% stake in West Burton Energy from TotalEnergies.

EPUKI, an energy group, agreed to acquire a 50% stake in West Burton Energy, an owner and operator of the gas-fired power plant, from TotalEnergies, a global integrated energy company. Financial terms were not disclosed. “We are delighted to partner with EPH, a recognized and experienced power producer in the United Kingdom. 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. This integration between flexible and renewable assets will contribute to the objective of our Integrated Power business to reach 12% return by 2030,” Sophie Chevalier, TotalEnergies Flexible Power & Integration Senior Vice President.