Equistone, Inflexion to sell UK Power Reserve for 216 mln pounds

Equistone Partners Europe and Inflexion Private Equity said May 31 that they have agreed to sell UK Power Reserve to Sembcorp for 216 million pounds ($252.2 million). UK Power develops and operates flexible power generation in the that country. RBC and Addleshaw Goddard advised Equistone and Inflexion.

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