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Recent Events
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BG beats BP with new supergiant find in Brazils Santos Basin
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Centrica Prevails in Bid for Venture in North Sea
News & Analysis
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centrica - All News and Analysis
Google signs up UK partners for PowerMeter
Google has announced partnerships with two UK firms to accelerate adoption of its online PowerMeter energy management software. PowerMeter receives data from smart meters and energy management devices to enable users to monitor their electricity usage through iGoogle on computers or mobile phones. first:utility, an independent electricity and gas...
Centrica sells stake in wind farms to finance £725m Lincs project
Thursday 29 October 2009 Construction on the 270MW Lincs wind farm off the coast of Lincolnshire is set to begin next year after developer Centrica sold off 50% of three other wind farms, it emerged yesterday (October 29). The Lincs scheme, which will be situated eight kilometres off the coast...
Centrica plans offshore wind project
UK utility Centrica has received final approval to develop a 270MW wind farm off the coast of Skegness, Lincolnshire. The project is expected to cost GBP725m (USD1.2bn) and will comprise 75 wind turbines supplied by Siemens Energy. Construction will begin next year and is schedule for completion in 2012....
Centrica to Sell Wind Stake
LONDON (Reuters UK) - Centrica CNA, the acquisitive owner of British Gas, is to raise 400 million pounds to fund expansion after selling half its stake in the world's largest wind farm, The Sunday Times Reports.The company, which bought oil and gas producer Venture Productions for $2 billion in August,...
Venture gives in to Centrica takeover
Venture Production has grudgingly accepted defeat in its battle to thwart a £1.3bn takeover by Centrica, the UK's biggest -utility. Venture's board yesterday at last recommended that investors accept Centrica's 845p offer. Even so, the board, which holds 12.5 per cent of the stock, reiterated its belief that the price...
Venture concedes defeat and accepts Centrica bid
British oil and gas producer Venture Production on Tuesday begrudgingly conceded defeat in its defence against a hostile takeover by utility Centrica on Tuesday, and recommended shareholders accept the £1.3bn bid. Venture said it still believed the Centrica offer undervalued the company but that, once Britain's largest gas retailer had...
Centrica secures control of Venture
Centrica, the UK's largest utility group, has taken a controlling stake in Venture Production, all but securing its £1.3bn takeover of the North Sea oil and gas producer. Centrica yesterday increased its total shareholdingVenture by 25.2m shares, to 48.4 per cent. Together with the more than 10 per cent...
Energy Roundup: Centrica Buys BE Stake, Cleantech VC Funding Tumbles, Chevron's PR Offensive, and More
Centrica buys 20 percent stake in nuclear company British Energy -- UK utility Centrica boosted its investment in nuclear power with its purchase of a 20 percent stake in EDF's nuclear unit British Energy. Centrica benefited greatly in this discounted deal by paying 6 percent less than the price paid by...
POWER STRUGGLE Breadth of investment makes SSE strong - and ripe for
AS if corporate Scotland did not have enough wounds to lick, last week saw the return of a discomforting rumour: Vattenfall, the Swedish electricity giant, has reportedly been in takeover discussions with Scottish and Southern Energy SSE, Scotland's largest company. After a grim few months in which RBS...
National briefs: Pressure for energy merger
THE biggest City shareholder in British Energy has called for the nuclear power firm to merge with gas supplier Centrica. Neil Woodford, head of investment at Invesco, which owns a 15% stake in British Energy as well as 5% of Centrica, is quoted as describing such a tie-up as the...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Sam Laidlaw | Chief Executive |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Helen Alexander | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Centrica | Chief Executive | Current |
| Organization | Position | Status |
|---|---|---|
| The Economist Group Limited | CEO | Current |
| UK India Business Council | Board of Directors | Current |
| Rolls Royce | Board of Directors | Current |
| Rolls-Royce Group Plc | Board of Directors | Current |
| Centrica | Board of Directors | Current |
| The Economist Group Limited | Board of Directors | Current |
| The Economist Group Limited | Chief Executive | Former |
| The Economist Intelligence Unit Limited | Managing Director | Former |
| INSEAD | MBA | Former |
Executive News
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Venture concedes defeat, accepts Centrica bid
Industry Transcripts by Seeking Alpha
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MarkWest Energy Partners LP Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MWE
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Dawson Geophysical Co. F4Q09 (Qtr End 09/30/2009) Earnings Call Transcript
on Nov 10, 2009about DWSN
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Clean Energy Fuels Corp. Q3 2009 Earnings Call Transcript
on Nov 09, 2009about CLNE
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Tesoro Corp. Q3 2009 Earnings Call Transcript.
on Nov 09, 2009about TSO
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The Meridian Resource Corp Q3 2009 Earnings Call Transcript
on Nov 09, 2009about TMR
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