Centrica PLC Completion of the sale of Direct Energy (6704K)
05 Januar 2021 - 5:32PM
UK Regulatory
TIDMCNA
RNS Number : 6704K
Centrica PLC
05 January 2021
5 January 2021
Centrica plc
Completion of the sale of Direct Energy
Centrica plc is pleased to announce the completion of the sale
of its North American energy supply, services and trading business,
Direct Energy, to NRG Energy Inc. for $3.625bn.
Chris O'Shea, Centrica Group Chief Executive, said:
"Direct Energy has been an important part of Centrica for over
20 years, and I wish the business and its great team all the best
for the future. This sale is an important step in the turnaround of
Centrica, allowing us to materially strengthen our balance sheet
and become a more focused energy services and solutions company -
putting customers at the heart of everything we do and helping them
transition to a lower carbon future."
Centrica plans to release a Trading Update on 14 January 2021
and its 2020 Preliminary Results are due to be released on 25
February 2021.
Enquiries:
Investor and Analysts Media Relations
T: 01753 494900 T: 01784 843000
E: ir@centrica.com E: media@centrica.com
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