UK energy group Centrica sells US assets for $3.6 billion

25 Jul, 2020

LONDON: British domestic energy provider Centrica, fresh from slashing jobs on coronavirus fallout, revealed Friday the sale of its US operations for $3.6 billion (3.1 billion euros), sending its shares soaring. Centrica, which owns top UK energy supplier British Gas, said in a statement that it has agreed to sell its North American business Direct Energy to US company NRG Energy.

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