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Centrica also moved into the North American energy supply market, through the acquisition of the Canada-based company Direct Energy in July 2000, for £406 million. [19] Direct Energy's operations were subsequently considerably expanded through a number of further acquisitions, including of Enbridge Services for £437 million in January 2002. [20]
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On 21 June 2017, Centrica agreed to sell the power station to EP UK Investments as part of a deal that also saw South Humber Bank CCGT power station change hands between the two companies. EP UK Investments is the daughter company of EP Power Europe, which is 100% owned by Czech energy group EPH (owned by Daniel Křetínský).
The sites are run by and gas is produced by Perenco (after BP sold its operations to them in 2012), [11] Gassco and Centrica Storage Ltd. Gas can be transferred to and from the Centrica Storage plant at Easington dependent on grid demand. The control of the Perenco sites takes place at the Dimlington site, and conditioning of the gas also takes ...
LONDON -- The best companies are those run by talented and experienced leaders with strong vested interests in the success of the business, held in check by a board with sound financial and ...
The Centrica boss Chris O’Shea’s pay deal was called ‘fundamentally wrong’ by campaigners, and comes after years of high energy bills across the UK. British Gas owner avoids shareholder ...
Centrica Energy also generates electricity in the United Kingdom and has gas and oil exploration and production operations in the Irish Sea, Norwegian and Dutch sectors of the North Sea, North America and Trinidad and Tobago. Norway and Until 2010 it had gas exploration activities in Nigeria, these were wound down in 2009.
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