Inflexion and Equistone agree sale of UK Power Reserve to Sembcorp for GBP216m
Equistone Partners Europe (Equistone) and Inflexion Private Equity (Inflexion) are to sell UK Power Reserve, an independent developer and operator of flexible power generation in the UK, to Singapore-headquartered integrated energy group, Sembcorp, for an equity value of GBP216 million. Following the acquisition of shares, Sembcorp will consolidate all assets