Plutus PowerGen is focused on developing a portfolio of 20MW FlexGen sites across the UK.

Demand for these types of projects is underpinned by structural changes to the UK’s power generation mix, which is seeing an increasing proportion of intermittent, renewable power introduced as legacy fossil capacity is retired. Plutus PowerGen currently has six operating sites, which hold capacity mechanism (‘CM’) contracts for 15 years, and a large pipeline of additional gas FlexGen projects at various stages of development. Central to its strategy is the identification of alternate fuel sources with a lower carbon-footprint, which can provide the Company with an additional revenue stream.