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Oil & Gas

Centrica linked to RWE assets

Scottish Gas owner Centrica has reportedly considered buying German power company RWE's North Sea assets for up to £1.7billion.
By Ross Davidson
27/11/2011, 5:31 pm
Centrica linked to RWE assets
Scottish Gas owner Centrica has reportedly considered buying German power company RWE's North Sea assets for up to £1.7billion.

Scottish Gas owner Centrica has reportedly considered buying German power company RWE’s North Sea assets for up to £1.7billion.

It is understood that Centrica was no longer considering a bid, but sources believe it could partner with Norwegian operator Statoil to make an offer.

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