On 30 May 2012 , it was reported that the site had been purchased by the Malaysian government 's Employee Provident Fund.  However , EPF subsequenly denied that they had put in a bid.
Knight Frank announced on June 7 , 2012 , that Ernst & Young had entered an agreement with SP Setia and Sime Darby and will work to make an exchange and completion of the Battersea Power Station and associated land in a set time .