Bloomberg News

Gazprom Plans Bid for EDF Energy U.K. Plant, Sunday Times Says

June 10, 2012

OAO Gazprom plans to bid for a U.K. power plant put up for sale by EDF Energy Plc, a purchase that may be controversial because of the company’s links to the Kremlin, the Sunday Times reported, without saying where it got the information.

The plant, which supplies 800,000 homes, is at Sutton Bridge in Lincolnshire, the paper said. EDF hired N.M. Rothschild & Sons Ltd. to run the auction, the Times said.

To contact the reporter on this story: John Glover in London at johnglover@bloomberg.net

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net


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