T-Power operates as a job-financed Impartial Power Producer, and we get our revenues by way of a 15-calendar year gas-to-energy tolling agreement Using the RWE group. Right after a number of improvements in shareholding over the years, Tessenderlo Group acquired one hundred% of T-Power in Oct 2018 by paying for the shares held with the remaining shareholders.
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T-Power was Started in 2005, with Tessenderlo Group as certainly one of its first three shareholders. Immediately after completion of the event plan, the T-Power 425 MW gas-fired blended cycle power plant (CCGT) situated in Tessenderlo was developed and commissioned in 2011. Because of its superior efficiency and flexibility, the T-Power power plant is Among the most aggressive gasoline-fired power vegetation in Belgium along with the broader interconnected electricity buying and selling location.
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