Shropshire Star

Ironbridge Power Station sale 'is the best option'

The owner of Ironbridge Power Station today said it has thought "long and hard" about its future, but believes sale is the best option.

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The owner of the former site in Buildwas announced last week that it plans to put the 141-hectare site up for sale.

Uniper said it had reached the decision to seek a buyer after considering a number of options for the site. The coal-fired and latterly biomass power station which had been generating on the site ceased operations in November 2015.

Neil Riley, head of development at Uniper UK, said: "We thought long and hard about the site but after concluding it wasn't suitable for any future conventional power generation projects, decided that the best option would be to seek a suitable investor who could help realise its potential."

"The power station here performed a sterling role in generating electricity for almost half a century but it's time now for the site to look to a different future. We're looking forward to working with our appointed agents, Cushman & Wakefield, who will market the site on our behalf and help us find the right buyer."

The plans were revealed on Wednesday at a special meeting with stakeholders, including representatives from both Shropshire and Telford & Wrekin Council.

Neil added: "We've been talking to council representatives about the site for some time and welcomed the opportunity to set out our plans.

"We intend to continue these important conversations as the sale process progresses."

Malcolm Pate, leader of Shropshire Council: "We welcome Uniper's continued dialogue with Shropshire Council and their willingness to work with us as part of their plans to dispose of Buildwas power station. This will ensure that we can get the maximum benefit from the redevelopment of the site to support the county's economic growth."

Decommissioning work at Buildwas is now in its final stages and demolition plans are being drawn up in along with the site sale process.

Adam Archer, Uniper UK's head of assets said: "We will look to work with a buyer depending on their experience of taking on industrial sites of this nature." There has been keen interest in the future of the former power station since its shut-down 15 months ago and Uniper recognises that this will continue with news of the site sale.

"We fully appreciate the potential of the site and will engage with potential purchasers who have the resources and energy to help open a new chapter for the area," added Adam.

"We're sure that any prospective purchaser will want to continue positive discussions with local authorities."

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