Total has sold its 40% interest in the South Humber Bank power plant to the British Company Centrica, presently operator of the facility with a 60% interest.

Located in Lincolnshire, the South Humber Bank combined cycle power plant has a rated capacity of 1,260 MW.

Total acquired its interest in 1997, as part of its expansion into the UK electricity market, which was in the process of being liberalized.

Today, the Electricity Trading business trades significantly more electricity than its equity production from South Humber Bank. As a result, there is no further strategic interest in retaining a stake in the plant.

Total plans to continue expanding its marketing operations in the European electricity market.