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BRIEF-Gunvor Completes Acquisition Of 75% Stake in Spanish Power Plant from BP
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BRIEF-Gunvor Completes Acquisition Of 75% Stake in Spanish Power Plant from BP
Oct 10, 2024 11:58 PM

Oct 8 (Reuters) - Gunvor Group:

* INDEPENDENT ENERGY TRADING COMPANY GUNVOR GROUP COMPLETED

THE

ACQUISITION OF A 75% OWNERSHIP STAKE IN BAHÍA DE BIZKAIA

ELECTRICIDAD S.L. ("BBE"), A 785MW COMBINED CYCLE POWER PLANT

LOCATED IN BILBAO, SPAIN FROM BP

* SAYS BBE IS GUNVOR'S FIRST INVESTMENT IN A POWER

GENERATION

ASSET, WHILE EXPANDING THE COMPANY'S COMMITMENT TO DEVELOPING

SPAIN'S ENERGY SECTOR

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