Centrica plc — News

British Gas ​owner Centrica said on Thursday that it ‌is cutting about 1,300 jobs as part of ​an ongoing transformation programme.

reuters.com - 2026-07-23 02:54:48

Centrica PLC (LSE:CNA) hiked its interim dividend 9% despite lower first-half profits, where energy-market volatility meant progress in parts of the British Gas owner's business was “slower than we would like”. Underlying earnings (EBITDA) of £737 million were reported in the six months to June, down 18% compared to a year earlier.

proactiveinvestors.co.uk - 2026-07-23 02:44:47

France's EDF Energy and Britain's ​Centrica will extend the lives of the ‌Heysham 1 and Hartlepool nuclear power plants in Britain for a further two years to March ​2030, they said on Wednesday.

reuters.com - 2026-07-22 11:37:49

Centrica PLC (LSE:CNA) said Sizewell B is set to operate for another 20 years after the UK Government signed Heads of Terms for a regulated Contract for Difference that runs from 2035 to 2055. The agreement gives the Suffolk nuclear power station, in which Centrica owns 20%, a guaranteed strike price of £70.50/MWh from April 2035 to March 2055, based on 2025 prices and indexed to CPI inflation.

proactiveinvestors.co.uk - 2026-07-09 04:04:10

Centrica PLC's (LSE:CNA) long-term value could receive further support from a reported agreement to extend the life of the Sizewell B nuclear power station, according to Citi. A Bloomberg report suggested that EDF and the owner of British Gas Centrare close to agreeing heads of terms with the UK government for a 20-year extension of the plant's operating life.

proactiveinvestors.co.uk - 2026-06-11 09:39:01

EDF and Centrica are poised to agree on a draft deal with the UK government ​to extend the life of the Sizewell ‌B nuclear power station by 20 years, Bloomberg News reported on Wednesday, citing people familiar with the matter.

reuters.com - 2026-06-10 13:59:01

Britain's Centrica said on Wednesday it had signed ​a 10-year gas supply deal ‌with Canada's Peyto Exploration and Development for 50,000 million British thermal units of ​natural gas per day ​starting in 2029.

reuters.com - 2026-06-03 08:40:45

JP Morgan has reiterated 'overweight' ratings on SSE PLC (LSE:SSE) and Centrica PLC (LSE:CNA), arguing that the effects of the Middle East conflict will continue to support European power prices and that utility stocks are well placed to benefit. The bank named SSE as one of its top picks in European utilities alongside Germany's RWE, noting that both offer double-digit earnings per share growth rates above the sector average.

proactiveinvestors.co.uk - 2026-05-15 05:07:59

British Gas owner Centrica has agreed to pay 20 million pounds ($26.69 million) into a redress fund after investigators found ​the utility installed prepayment meters in the homes of vulnerable customers ​without their consent, regulator Ofgem said.

reuters.com - 2026-05-15 03:25:13