News

Centrica to raise £700 million in share issue

Centrica announced today that it will raise £700 million by issuing around 350 million additional shares, a move that ratings agency Moody’s described as “a credit positive step”. The issue represents around 7 per cent of the company’s share capital. Centrica will place the shares…

Centrica to acquire Neas Energy

Centrica is to acquire Neas Energy for £170 million. Neas provides customers in six countries in Europe with a route to market and short-term trading optimisation services. The customers together have 2,500  windfarms, solar plants and combined heat and power…