EAST ANGLIA THREE LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. On 23 July 2025 the Company became a joint venture. A consortium of banks has committed £3.6 billion of financing to the Company, expiring in 2048. The remaining funding will be provided by the groups headed by Iberdrola and Masdar, the joint venturers, by share issuances from EA3HL to SPRUKL and Masdar EA3 and equivalent share issuances from the Company to EA3HL.”

Significant events

• “Subsequent to 31 December 2024, on 1 July 2025 East Anglia Three Holdings Limited ("EA3HL") acquired 100% of the ordinary share capital in the Company from SPRUKL... Furthermore, on 23 July 2025, SPRUKL sold 50% of the ordinary share capital held in EA3HL to Masdar East Anglia 3 Limited ("Masdar EA3")... Under this new ownership structure Iberdrola and Masdar will co-invest £4.3 billion in the Company...”
• “Subsequent to 31 December 2024, as part of the ownership change, the loan payable to ScottishPower related parties was repaid using new committed financing of £3.6 billion provided by a consortium of banks.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

2

last 24 months

Officers appointed

7

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.