RWE to close 1.5 GW coal-fired power plant in Wales

FRANKFURT (Reuters) - RWE <RWEG.DE> on Thursday said it would close its 1.5 gigawatt (GW) Aberthaw B power plant in Wales, adding market conditions for coal-fired power capacity in Britain have been challenging for some time.

Under the plans, Aberthaw Power Station, which directly employs about 170 staff, will be closed on March 31, 2020, nearly 50 years after it started operations. Talks with affected staff would begin right away, RWE said.

(Reporting by Christoph Steitz, editing by Riham Alkousaa)