RWE
The energy giant plans for around a fifth of this net investment to be located in Germany
The King’s Lynn power station will receive capacity payments until 2035 under a 15-year contract, which starts in October 2020
RWE Generation, Ørsted and UK Power Networks will pay into a redress fund run by energy watchdog Ofgem
The Big Six supplier is buying around 3TWh of power annually from wind farms operated by RWE
It will supply electricity from its 195.5MW Broken Spoke Solar plant, coupled with a 40MW battery storage unit
A total of around 150,000m3 of LNG was loaded from Sabine Pass Liquefaction Terminal in the Gulf of Mexico and transported on the Gaslog Savannah LNG carrier
It has taken over renewable generation assets from its subsidiary innogy and rival E.ON
The deal is subject to E.ON selling certain businesses in Germany, the Czech Republic and Hungary
Material from the demolition struck the overhead electricity network, which led to the power outage between 7am and 8.20am on Sunday
The news follows German electric utility RWE’s announcement to close its 1.56GW coal plant in Wales next March
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