You are here

M&A: Reserve supplier changes hands

Sembcorp is to acquire distributed power specialist UK Power Reserve (UKPR) for £216 million.

UKPR’s generating and storage fleet is spread across 32 locations in England and Wales. It has 533MW in operation with a further 480MW in construction and development expected to come online by 2019. They include gas and diesel power generation units and 120MW of battery storage.

To continue reading this article please login if you already have an account or subscribe.