The US company Entergy Corp has received final approval for a combined cycle gas turbine power plant to be built in Kent, southeast England, Dow Jones reports. The Damhead Creek plant, with a planned capacity of 740 MWe, will involve investment of around $700 million the company said.

Site approval for the project was received in 1997, before the UK government introduced a moratorium on the construction of new gas-fired capacity. According to a company spokesman, the government decided that the project had advanced too far to be cancelled.