Acting as technical adviser to the buyer, we carried out detailed site visits and interviewed operators and site management on behalf of our client. We produced a red flag technical report. The two CCGT plants were the Langage CCGT (consisting of two gas turbines and one steam turbine in a multi-shaft arrangement) and the South Humberbank CCGT (Phase 1 consisting of three gas turbines and one steam turbine in a multi-shaft arrangement, and Phase 2 consisting of two gas turbines and one steam turbine in a multi-shaft arrangement).
As part of our service we provided;
- a review of the power station design and performance information;
- a review of maintenance records and planned maintenance work;
- a red flag due diligence report covering technical and commercial implications affecting the potential purchase. We presented the report findings at the clients’ offices.
Centrica Energy owns and operates six gas-fired power stations in England and Wales, with a combined output of 3.7GW. Included in the due diligence was the latest CCGT plant, completed in 2010, is at Langage in Devon. Rated at 895MW, it is one of the most efficient generators of its type in the world.