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Evening Standard
Evening Standard
Anna Wise

British Gas owner buys gas-fired power station for £370m for energy ‘security’

British Gas Centrica Severn Gas Prices Wales
Centrica has bought a gas-fired power station in Wales for £370 million (Owen Humphreys/PA) - (PA Archive)

British Gas owner Centrica has bought a gas-fired power station in Wales for £370 million which its boss said will help keep energy supplies “secure and affordable” amid a global spike in gas prices.

The household energy business said it had completed the acquisition of the Severn gas turbine power station, which it said is one of the most efficient in the UK.

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