{"id":11441,"date":"2009-08-27T03:06:20","date_gmt":"2009-08-27T11:06:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11441"},"modified":"2009-08-27T03:06:20","modified_gmt":"2009-08-27T11:06:20","slug":"hedge-funds-to-buy-edfs-eggborough-power-plant","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2009\/hedge-funds-to-buy-edfs-eggborough-power-plant.html","title":{"rendered":"Hedge funds to buy EDF&#8217;s Eggborough power plant"},"content":{"rendered":"<p>Reuters UK &#8211; Lenders to Eggborough, a large coal-fired power station, have exercised an option to acquire the plant, owner EDF said on Thursday.<\/p>\n<p>The lenders, which include Bluebay&#8217;s distressed-debt fund, gained the right to acquire the 1,960 MW station through a restructuring of British Energy, acquired by the French utility at the beginning of 2009.<\/p>\n<p>&#8220;EDF confirms that British Energy&#8217;s lending banks have exercised their option to acquire the Eggborough coal power station under the restructuring agreements made by the British government in 2005,&#8221; EDF unit EDF Energy said in a statement. The news was earlier reported by the Financial Times.<\/p>\n<p><strong><a class=\"aligncenter\" title=\"Read Complete Article\" href=\"http:\/\/www.reuters.com\/article\/hedgeFundsNews\/idUSLNE57Q02H20090827\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters UK &#8211; Lenders to Eggborough, a large coal-fired power station, have exercised an option to acquire the plant, owner EDF said on Thursday. The lenders, which include Bluebay&#8217;s distressed-debt fund, gained the right to acquire the 1,960 MW station [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[15738,15737,4296,1182,15739],"class_list":["post-11441","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-british-energy","tag-coal-fired-power","tag-debt-fund","tag-distressed-debt","tag-edf"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11441"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11441\/revisions"}],"predecessor-version":[{"id":11443,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11441\/revisions\/11443"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}