Centrica Sells Two Power Stations For GBP318 Million
21 June 2017 - 4:38PM
Dow Jones News
LONDON-- U.K. gas and electricity supplier Centrica PLC (CNA.LN)
Wednesday said it has agreed to sell two gas power stations in
England to EP U.K. Investments Ltd, part of the Czech energy
company Energeticky a prumyslovy holding, a.s., for 318 million
pounds ($400.7 million) in cash.
The sale of the power stations, in Langage and South Humber
Bank, is "consistent with Centrica's strategy to shift investment
towards its customer facing businesses," the company said.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
(END) Dow Jones Newswires
June 21, 2017 02:23 ET (06:23 GMT)
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