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Independent Power Corporation PLC: Britain’s leading power developer and operator of power plants

We build and run power plants for governments, large corporations and independent power producers. The electricity produced in our plants is sold to third parties, such as industrial companies which use the electricity themselves, or wholesalers and distributors who take responsibility for collecting payment from retail customers or counterparties.

Our fully owned subsidiary, Independent Power Operations Limited (IPOL), provides a complete operations and maintenance service for generation and distribution assets, acting as technical operator for power plants worldwide.

Independent Power Corporation PLC (IPC) has owned, operated or developed over 4,500 MW of thermal and hydropower generation facilities in Latin America, North America, South Africa, Asia and Europe.

 


Latest Developments 

 24 April 2018 – Independent Power Corporation PLC (“IPC”) is proud to announce that it is working as financial advisor for Turang Transit Taşımacılık A. Ş. (“TTT”), part of the ASB Group, to develop the 1,800 kilometre natural gas pipeline across Turkey to link southern European gas networks with the gas producers of the Caspian region. The TTT Pipeline will provide a reliable, high volume, affordable route to supply European markets with natural gas from the Caspian and Gulf regions.

IPC recently hosted a TTT delegation in London for a two day workshop which kick started the funding process for this strategic infrastructure project. Commenting on the partnership, IPC CEO Peter Earl said, “We are delighted to be working with such strong partners who are committed to bring this strategic project to fruition. The ASB Group’s historical position in the Turkish energy market, through its Som Petrol and other oil and gas trading subsidiaries, is the perfect bedrock on which to build a new energy supply route for Europe.”

ASB Group Website

TTT Signing Photo for Website Announcement Small

IPC CEO, Peter Earl with Sitki Ayan, Owner of ASB Group.


Foreign Office Signing Ceremony

On November 2, 2015, British and Kazakh companies signed deals and agreements worth $5 billion during Kazakh President Nursultan Nazarbayev's visit to London and his meeting with the Prime Minister of the UK David Cameron.

 

The biggest agreement, announced separately by Independent Power Corporation, was a memorandum of understanding with Kazakh state firm KazTransGas on projects worth $3.1 billion to build a 1,500-kilometre gas pipeline and four power plants with the total capacity   of 1,600 MW in the Central Asian nation.

 

IPC is proud to be leading deals with a combined value of over $3.1 billion in Kazakhstan. The forthcoming plans will permit natural gas to be brought to Central Kazakhstan for the first time, which will provide a progressive advancement of Kazakhstan’s power generation supply. The closely linked projects aim to provide power for the Kazakh capital Astana and three other cities, Karaganda, Zhezkazgan and Temirtau.

 

Commenting on the signed agreements, Peter Earl, Chief Executive Officer of IPC, said: "We are very pleased to be returning to Kazakhstan nearly twenty years after our first presence in the country as owners of a 608 MW Soviet designed power plant. Now we are looking to play our part in expanding Kazakhstan’s power generation matrix with new, Clean Tech power plants in the industrial heartland of this important country.

 

Press Release: Signing Ceremony between IPC and KazTransGas, November 2015