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Direct Energy was founded in Toronto in 1986, as a competitive energy retailer. In 2000, the company was acquired by Centrica, the UK-based parent of British energy retailer British Gas. In 2010, Direct Energy acquired Clockwork Home Services making Direct Energy the largest energy and home services retailer in North America.
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Enercare Centre, formerly known as the Direct Energy Centre and originally the National Trade Centre, [1] is an exhibition complex located at Exhibition Place in Toronto, Ontario, Canada. [2] It is used by the Canadian National Exhibition and the Royal Agricultural Winter Fair , as well as by various trade shows.
In April 2018, the French energy major Total S.A. announced their bid to purchase 74% of Direct Énergie capital from their main stockholders, for 1.4 billion euros. [10] On 6 July 2018 Total S.A. acquired 73.04% stake in the share capital of Direct Énergie.