UK gas major Centrica has signed an agreement giving it the rights to the entire output of a planned 400 MW gas-fired power station to be built by InterGen near Rotterdam, in the Netherlands.
The tolling arrangement will run for 15 years with an option to extend for a further five.
Rijnmond 2, which is scheduled to be complete by September 2009, will be built on the same site as an existing 800 MW gas fired plant
Under the contract, Centrica would supply the gas required to fuel the plant and would have the rights to the entire output. In the Netherlands Centrica already owns Oxxio, a gas and electricity supplier with approximately 640,000 customers. Centrica already has a 17 year tolling agreement with InterGen in the UK, giving it the rights to the 860 MW capacity at Intergen’s gas-fired power station at Spalding, Lincolnshire.