Energy transfer

Scottish and Southern Energy has agreed to acquire SEGRO’s shares in Slough Heat and Power for £49.25m. The transaction is expected to be completed by the end of the year.
Slough Heat and Power’s main assets comprise a combined heat and power (CHP) plant, with a potential generating capacity of 101MW and an existing electricity and heat generating capacity of 80MW, which is distributed via a steam and water network; 100km of underground electricity network and substations; and 3,000 industrial, commercial and domestic energy customers.
The CHP plant is said to be the
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