Centrica Plc, which dominates Britain's household energy supply through its British Gas arm, took a bigger share of the country's commercial electricity market on Monday with the purchase of Electricity Direct.
The only British company in the running to build a new generation of atomic power plants in the UK has threatened to pull out due to uncertainty over the government's energy policy, a move that could undermine further talks of a nuclear renaissance.
British multi-utility Centrica plc, today announced that its subsidiary British Gas Trading Limited had entered into an agreement with Enron's UK administrators, PricewaterhouseCoopers, to acquire its energy customer business and certain of its assets at a cost of £96.4m ($138m) in cash.
American Electric Power has reached a definitive agreement to transfer two of its Texas retail electric providers to Centrica - a leading provider of retail energy and other essential consumer services.
Centrica's Distributed Energy and Power business has launched its proposition to non-domestic customers under a new Centrica Business Solutions banner, offering large energy users opportunities to harness the power of distributed energy solutions from one company.