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RWE welcomes newly acquired King's Lynn Power Station to its large UK gas fleet

RWE Generation SE

TEA-2020-02-13-rwe-welcomes-newly-acquired-kings-lynn-power-station-to-its-large-uk-gas-fleet

13 February 2020

RWE Generation, the UK's second largest generator of electricity, welcomes the 382 MW King’s Lynn Power Station to its UK fleet. We are pleased to add this combined cycle power plant to RWE’s current total installed capacity of over 8.9 gigawatts in the UK, which generates 10% of the UK’s electricity needs.

The £105 million transaction to acquire the power station was completed on 12 February 2020, a few months after the acquisition was first announced in December 2019. As part of this, RWE will take on more than 30 employees from the power station to add to its skilled team.

Adam Kennard, King’s Lynn Power Station Manager, said: “It is great to be joining the RWE fleet, and we had a welcome event on site today to bring everyone together. We are confident that our strong safety and wellbeing culture will align with the high standards at RWE, and we look forward to working together as one of the largest UK gas fleets.”

Roger Miesen, CEO of RWE Generation, said: “The acquisition of King's Lynn Power Station strengthens our position as one of the largest operators of gas-fired power plants in Europe. It also reinforces our engagement in the attractive UK generation market. As a highly flexible gas fired power station, it can support RWE in playing a key role in the transformation to a low carbon energy system." 

With the acquisition of King’s Lynn, the existing RWE gas portfolio in the UK reaches a total of 7.1 gigawatts. This makes RWE Generation one of the largest operators of gas-fired power stations in the UK.