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• Centrica to Become Nuclear Power Player

  ReutersUK - 2009-11-13

  LONDON (Reuters UK) - Utility Centrica's planned move into atomic energy by buying a 20 percent stake in British Energy is to go ahead, placing it at the forefront of Britain's nuclear new-build plan, it said on Friday.Centrica's plan hinged on selling its 51 percent stake in Belgian utility SPE...

  Tags: Centrica, Nuclear Energy, Britain, Britishenergy, EDF, Oukbs

• Mixed fortunes seen by Centrica

  Financial Times - 2009-11-12

  Centrica, the owner of British Gas, is likely to meet market expectations of a drop in profits of about 4 per cent this year, following a fall in its gas production, the company said in a trading update.However, profits from its residential supply business are expected to rise some...

  Tags: Centrica, Company News, Forecasts & Predictions, General News, Production, Results, Year End Results, Financial Times

• Google signs up UK partners for PowerMeter

  Strategy Eye - 2009-10-29

  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...

  Tags: Google Inc., PowerMeter, AlertMe, Portals, Monitors & Displays, Business Structures, Telecommunications, Internet, Hardware, Components, Finance, Centrica, Google.org, Editorial

• Centrica sells stake in wind farms to finance £725m Lincs project

  BNET - 2009-10-29

  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...

  Tags: Centrica, Wind Farm

• Centrica plans offshore wind project

  Strategy Eye - 2009-10-28

  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....

  Tags: Centrica, Offshore, Wind Farm, Rabobank, NIBC Bank N.V., BNP Paribas Fortis, Bank of Tokyo-Mitsubishi UFJ, Lloyds Banking Group, Bank of Ireland, Dexia, Banco Bilbao Vizcaya Argentaria (BBVA), TCW Group, Editorial, HSBC Holdings Plc., Santander Bancorp

• Centrica to Sell Wind Stake

  ReutersUK - 2009-10-25

  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,...

  Tags: Centrica, Wind Farm, CNA Financial Corp., Oukbs

• Venture gives in to Centrica takeover

  BNET - 2009-08-26

  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...

  Tags: Centrica

• Venture concedes defeat and accepts Centrica bid

  BNET - 2009-08-25

  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...

  Tags: Centrica

• Centrica secures control of Venture

  Financial Times - 2009-08-24

  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...

  Tags: Centrica, Company News, Shareholdings, Financial Times

• Energy Roundup: Centrica Buys BE Stake, Cleantech VC Funding Tumbles, Chevron's PR Offensive, and More

  BNET - 2009-05-11

  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...

  Tags: Centrica, Clean Technology, Chevron Corp., Public Relations, Venture Capital, Investment, Marketing, Corporate Communications, Finance, Financing Startups, Kirsten Korosec