InterGen to Commence Process to Sell UK Assets

Edinburgh, April 1st, 2022 – InterGen has announced today its decision to advance the sale of its business interests in the United Kingdom. A formal sale process will be launched shortly.

InterGen is one of the largest independent power producers in the United Kingdom with more than 2,800 megawatts in operation between three combined cycle gas turbine plants and one open cycle gas turbine plant. The portfolio also includes the 450 megawatt ‘Gateway Energy Centre’ battery energy storage system development project which was recently awarded a 15 year capacity market agreement, commencing in 2025.

Greenhill & Co. have been retained as financial advisors to oversee the sale process.

Enquiries:

Melissa McKerrow
Communications & Public Affairs Manager at InterGen MMcKerrow@intergen.com

Dean Rodrigues
Managing Director, Head of UK M&A at Greenhill & Co. dean.rodrigues@greenhill.com