The United Kingdom-based Centrica plc completed the acquisitionof Calgary’s Direct Energy Marketing Ltd. and its primary marketingagent Natural Gas Wholesalers, unveiling the British company’sfirst sizeable venture into the international arena.
Kingdom
Articles from Kingdom
Centrica Leaps into North American Retail Energy
One of the United Kingdom’s leading natural gas suppliers took ahuge step across the Big Pond last week, agreeing to purchase oneof Canada’s largest gas marketers. Centrica Plc will pay $612million in cash and assumed debt for Calgary’s Direct EnergyMarketing Ltd. and its associated marketer, Natural GasWholesalers.
July 10, 2000
UK’s Centrica Purchases Direct Energy for $612 Million
One of the United Kingdom’s leading natural gas suppliers took ahuge step across the Big Pond yesterday, agreeing to purchase oneof Canada’s largest gas marketers. Centrica Plc will pay $612million in cash and assumed debt for Calgary’s Direct EnergyMarketing Ltd. and its associated marketer, Natural GasWholesalers.
July 7, 2000
FERC Gives Nod to LG&E-Power Gen Merger
Kentucky-based LG&E Energy and Powergen plc of the UnitedKingdom came one step closer yesterday to completing their sizablemerger. The Federal Energy Regulatory Commission approved themerger sooner than either company expected.
July 3, 2000
FERC Gives Nod to LG&E-Powergen Merger
Kentucky-based LG&E Energy and Powergen plc of the UnitedKingdom came one step closer yesterday to completing their sizablemerger. The Federal Energy Regulatory Commission approved themerger sooner than either company expected.
June 29, 2000
TU’s Bid for Energy Group Cleared
Texas Utilities’ Offer for The Energy Group will not be referredto the United Kingdom’s Monopolies and Mergers Commission. TheEnergy Group noted the waiver and said it will advise shareholdersas soon as possible on what they should do regarding the offersfrom PacifiCorp and Texas Utilities.
April 20, 1998
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