Real Estate Opportunities assured English Heritage that it will repair Battersea Power Station at a meeting held last week.

A spokeswoman for English Heritage said: ‘We had a first meeting with [REO’s major shareholder] Treasury Holdings, the new owners of Battersea Power Station, last week. At that meeting representatives of Treasury Holdings assured us of their commitment to repair, refurbish and bring the site back into beneficial use.’

Treasury is currently in the process of appointing a new masterplanning team for the whole site and hope to start essential repair works to the grade II listed Power Station within the next two months.

The English Heritage spokeswoman added: ‘We stressed the need for these works to begin at the earliest opportunity. We now anticipate regular meetings with Treasury Holdings to ensure that any new scheme is implemented without delay.’