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Last Updated: Tuesday, 8 June, 2004, 11:10 GMT 12:10 UK
Power station sold in 142m deal
Power station
Ownership of the Killingholme plant has changed twice since 1994
A power station in North East Lincolnshire has been sold in a 142m deal.

British Gas owner Centrica announced on Tuesday that it has acquired Killingholme station near Grimsby.

The site, which employs 62 staff, has been managed by creditor banks after a fall in electricity prices.

Killingholme was bought by US energy company NRG in 2000 for 390m, having been previously owned by National Power.

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