TotalEnergies Sells 50% Stake in West Burton Energy to EPUKI (EPH)
December 16, 2024
TotalEnergies has sold 50% of its shares in West Burton Energy to EPUKI, the UK subsidiary of Energetický a průmyslový holding (EPH). West Burton Energy owns a 1.3 GW gas-fired power plant and a 49 MW battery storage system in the United Kingdom and will be operated as a joint venture between TotalEnergies and EPUKI to adjust flexible generation capacity and support TotalEnergies' renewables growth.
- Buyers
- EPUKI, EPH (Energetický a průmyslový holding)
- Targets
- West Burton Energy
- Sellers
- TotalEnergies
- Industry
- Energy
- Location
- Nottinghamshire, United Kingdom
- Transaction Type
- Divestiture
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