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T-Power operates for a task-financed Independent Power Producer, and we get our revenues by way of a fifteen-yr fuel-to-electric power tolling settlement With all the RWE group. Just after quite a few alterations in shareholding over the years, Tessenderlo Group obtained 100% of T-Power in October 2018 by obtaining the shares held via the remaining shareholders.
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T-Power was Launched in 2005, with Tessenderlo Team as among its unique a few shareholders. Immediately after completion of the development plan, the T-Power 425 MW gas-fired merged cycle power plant (CCGT) located in Tessenderlo was crafted and commissioned in 2011. Thanks to its significant efficiency and adaptability, the T-Power power plant is Probably the most competitive gas-fired power crops in Belgium as well as broader interconnected electricity trading spot.
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