Home News Kent Jobs news Article
Power plant jobs safe
16:04, 04 June 2004
JOBS at a Medway power plant are safe after it was bought by Scottish Power for £317 million.
Damhead Creek station and associated contracts including a long-term gas supply agreement was bought from creditor banks.
A spokesman for Scottish Power said the station near Hoo would be kept as a going business and assured workers they would keep their jobs.
Scottish Power said the cost of buying Damhead Creek was significantly less than the cost of building a new plant.
Executive director UK Charles Berry said: "We are delighted with this purchase, which helps meet the needs of our fast-growing customer base.
"Completed at the right price, right time and right location, it also advances our strategy of adding generation capacity in Southern England."
Latest news
Features
Most popular
- 1
‘This rat-run bridge isn’t wide enough - someone will be killed soon’
- 2
Boy, 16, found safe after going missing nine days ago
2 - 3
Only shop in village to shut this week as ‘devastated’ couple leave Kent
16 - 4
A-road shut in both directions after water main bursts
- 5
Mum joined teen son in smashing up ex’s family home and car