The consortium of companies consisting of Dalmore, Equitix and GLIL Infrastructure is set to acquire about 20% stake in the UK's aging fleet of nuclear power stations which used to be called British Energy for a consideration of up to GBP1.2 billion (US$1.498 billion).
The consortium is in advance talks to acquire the minority stake GBP6 billion (US$7.5 billion) nuclear portfolio that is owned by UK companies such as of British Gas-owner Centrica and EDF Energy. The two companies are selling 10% of the EDF Generation business, leaving the French group holding 70% and Centrica owning 10%.
Dalmore and Equitix are two of the infrastructure sector’s leading investors that are interested in the nuclear assets. The companies are involved in various projects such as the Thames Tideway super-sewer and companies including Anglian Water, Cross London Trains and Electricity North West.
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