Centrica plc

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

Shares in SSE PLC (LSE:SSE), Centrica and several renewable energy investment companies rose after the UK government confirmed plans to move older wind and solar farms onto fixed-price contracts, or else be hit with higher windfall taxes.  SSE, which owns windfarms and hydroelectric power plants, saw its share climb 3.3% to 2,610p on Tuesday, while fellow FTSE 100-listed energy producer Centrica PLC (LSE:CNA), which owns British Gas, and FTSE 250-listed biomass burner Drax Group (LSE:DRX) were up 2.3% and 1.8%.

proactiveinvestors.com - 2026-04-21 10:29:12

SSE PLC (LSE:SSE) shares rose after the UK government confirmed plans to move older wind and solar farms onto fixed-price contracts. Shares in SSE, which owns windfarms and hydroelectric power plants, rose 3.8% to 2,614p early on Tuesday, while fellow FTSE 100-listed energy producers Centrica PLC (LSE:CNA) and FTSE 250-listed Drax Group (LSE:DRX) were up 1.7% and 1.8%.

proactiveinvestors.co.uk - 2026-04-21 03:49:56

Centrica PLC (LSE:CNA) shares have been caught up in a sector-wide sell-off following press reports of potential government action to delink power and gas pricing in the UK, but Citi argues the market has overreacted and reiterates its 'buy' rating on the stock. The broker contends that investors are focusing too narrowly on earnings per share impact and failing to account for the limited remaining lifespan of Centrica's nuclear generation assets.

proactiveinvestors.co.uk - 2026-04-20 09:19:16