Automated Accounts Payable provider Glantus Holdings raises 14M and successfully floats on AIM. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCentrica Share News (CNA)

Share Price Information for Centrica (CNA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 54.04
Bid: 54.02
Ask: 54.04
Change: -0.50 (-0.92%)
Spread: 0.02 (0.04%)
Open: 53.80
High: 55.20
Low: 53.80
Yest. Close: 54.54
CNA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Centrica Onto Final Step For North American Business Sale

Thu, 8th Oct 2020 15:15

(Alliance News) - Energy supplier Centrica PLC on Thursday said NRG Energy Inc got further regulatory approvals needed to buy its North American business Direct Energy.

NRG Energy received notice from the Department of Justice and the Federal Trade Commission granting early termination of a waiting period for the sale.

The sale still needs approval from the Federal Energy Regulatory Commission, with the transaction expected to be completed later in the fourth quarter of 2020.

Centrica in July announced its plans to sell Direct Energy for USD3.63 billion in cash, as part of an ongoing business restructuring programme and to focus back on the UK and Ireland businesses.

The disposal increases the long-term strength of its balance sheet, Centrica said, with proceeds intended to be used to reduce net debt significantly and to make a contribution to the defined benefit pension schemes.

Centrica shares were up 2.3% at 41.87 pence each in London on Thursday afternoon.

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

Citi upgrades Drax, Centrica

(Sharecast News) - Citi upgraded its stance on shares of Drax on Monday to 'buy' from 'neutral' following the recent UK power price rally of more than 20% in the last month.

Today 09:57

BROKER RATINGS: Liberum downgrades Howden Joinery to Hold from Buy

BROKER RATINGS: Liberum downgrades Howden Joinery to Hold from Buy

Today 09:47

Centrica on target with cost-cutting but UK electricity demand falls

Centrica on target with cost-cutting but UK electricity demand falls

10 May 21 08:53

LONDON MARKET OPEN: Green start to week as US data boost continues

LONDON MARKET OPEN: Green start to week as US data boost continues

10 May 21 08:42

LONDON MARKET PRE-OPEN: Greggs ups outlook, pre-virus profit in sight

LONDON MARKET PRE-OPEN: Greggs ups outlook, pre-virus profit in sight

10 May 21 07:43

Centrica says cost savings plan on track despite difficult conditions

By Nina ChestneyLONDON, May 10 (Reuters) - British utility Centrica said on Monday it is on track to achieve cost savings of more than 100 million pounds ($141 million) this year despite difficult trading conditions.In a trading update, Centrica s...

10 May 21 07:41

Centrica maintains ?100m cost savings target as demand falls in Q1

(Sharecast News) - British Gas owner Centrica said it continued to expect year-on-year operating cost savings of more than £100m this year as part of its restructure plans.

10 May 21 07:00

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

4 May 21 15:50

Tokyo Gas says not notified of delays in Mozambique LNG project

TOKYO, April 28 (Reuters) - Tokyo Gas Co Ltd has not been notified of any delays in the liquefied natural gas (LNG) project in Mozambique by Total despite the French energy group's recent declaration of force majeure, a senior company official sa...

28 Apr 21 12:30

Spirit Energy to extend life of York gas field in North Sea to 2023/24

LONDON, April 20 (Reuters) - Production at Spirit Energy’s York gas field in the North Sea will be extended until 2023/24, three to four years longer than previously expected, the company said on Tuesday.A further 18 billion cubic feet of gas is n...

20 Apr 21 09:06

Union condemns "mass sacking" of British Gas engineers by Centrica

Union condemns "mass sacking" of British Gas engineers by Centrica

15 Apr 21 06:45

Centrica’s British Gas could lose 300-400 engineers in dispute

By Susanna TwidaleLONDON, April 14 (Reuters) - Centrica’s British Gas could lose around 300-400 engineers on Wednesday it said, as part of an ongoing dispute over pay and conditions that has also seen 43 days of strike action this year.Centrica ha...

14 Apr 21 12:02

Tuesday broker round-up

(Sharecast News) - Touchstone Exploration: Canaccord downgrades to speculative buy with a target price of 140p.

6 Apr 21 13:27

BROKER RATINGS: Goldman Sachs downgrades ITV to neutral from buy

BROKER RATINGS: Goldman Sachs downgrades ITV to neutral from buy

6 Apr 21 09:43

LONDON BRIEFING: BP plans share buybacks as hits debt reduction target

LONDON BRIEFING: BP plans share buybacks as hits debt reduction target

6 Apr 21 08:14

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.