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RWE to sell Littlebrook site

RWE has agreed the sale of its Littlebrook site to property investor Tritax Big Box REIT plc. The transaction is expected to be completed during the course of 2017.

Littlebrook was the site of an oil-fired power station rated at 1,245MW. It was closed in March 2015.

RWE noted that the site is “favourably situated” on the river Thames in Dartford, east of London. Part of the site had already been sold to National Grid. The sales will result in “total euro proceeds in the upper double-digit million range”.

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