Centrica reaches agreement to acquire additional Canadian gas assets
August 15, 2010
Written by Editor in Carbon, Green News, Green News Feature
According to the press release, “Centrica plc today announced that its North American subsidiary, Direct Energy, has reached an agreement with Suncor Energy (TSX: SU, NYSE: SU), to acquire its natural gas assets in the Wildcat Hills region of Alberta, for a cash consideration of C$375 million (£229 million). This acquisition will provide Direct Energy [...]
Centrica awarded Round Three offshore wind development zone
January 10, 2010
Written by Editor in Green News, Green News Feature, Renewable, United Kingdom, Wind
According to the Press Release, “Centrica plc, the parent company of British Gas, today welcomed the news that it has been successful in The Crown Estate’s Round Three offshore wind tendering process, having been awarded exclusive rights to develop the Irish Sea zone. The zone, which is located 15 kilometres off the coast of Anglesey, [...]
Centrica to invest £725 million to build 270MW offshore wind farm and also announces equity partner and refinancing of existing wind portfolio
October 29, 2009
Written by Editor in Green Business, Green Energy, Green News Feature, United Kingdom, Wind
According to the Press Release, “Centrica plc, the parent company of British Gas, today announced that its 270 megawatt (MW) Lincs offshore wind project has received final investment approval, and that construction is expected to begin in 2010. Lincs will be situated eight kilometres off the coast of Skegness next to Centrica’s existing wind farm [...]
