Calon Energy’s U.K. Gas Plants Mothballed By Administrators

Aug. 25, 2020, 10:24 AM UTC

Calon Energy’s 750MW Severn Power and 750MW Sutton Bridge gas stations have been put into “a safe and dormant state of managed preservation,” according to administrators KPMG.

  • Owner Calon Energy went into administration in June
  • “The recent and ongoing challenges facing the U.K. power market mean that these power stations are currently not generating sufficient returns to continue trading effectively”
  • 582MW Baglan Bay gas plant is not subject to administration and remains under the control of its directors
  • NOTE (June 25): U.K. Gas Plant Owner Calon Energy Goes in to Administration

To contact the reporter on this story:
Rachel Morison ...




Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.