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market news

Centrica Is Said to Weigh Purchase of North American Natural-Gas Assets

Investing News Network
Aug. 26, 2011 11:58AM PST
Resource Investing

Bloomberg reports that Centrica Plc (LON:CNA)is planning to purchase gas assets in North America as supplies from shale formations surge.

Bloomberg reports that Centrica Plc (LON:CNA)is planning to purchase gas assets in North America as supplies from shale formations surge.

The market news is quoted as saying:

Centrica, which owns the British Gas brand in the U.K., is looking to expand in the U.S. through its Direct Energy unit.

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