Centrica PLC: British Gas Business to acquire B...
Centrica PLC
3 November 2008
British Gas Business to acquire BizzEnergy customers
Centrica plc, through its British Gas Business division, today announced that it
has reached agreement to acquire the customers of BizzEnergy Ltd for a cash
consideration of £3.5 million after the privately-owned energy supplier was
taken into administrative receivership.
All of BizzEnergy's 40,000 electricity customers across SME and Corporate
markets, transferred to British Gas Business under the deal, will maintain their
existing contract terms and conditions.
Badar Khan, Managing Director of British Gas Business, said:
'BizzEnergy customers can rest assured that we will ensure a seamless transition
to British Gas Business, with no change to their energy supply contracts.'
Ends
Enquiries:
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Investor relations: 01753 494900
Media relations: Mish Tullar on 0845 072 8001
Matt Beasley on 0845 072 8002
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Notes to editors
Centrica plc is acquiring BizzEnergy Ltd through its subsidiary British Gas
Trading Limited.
BizzEnergy SME customers can call British Gas Business for more information on
0800 294 0670, and half-hourly meter supplied customers on 0800 294 0671. Or
email on BizzEnergy@britishgasbusiness.co.uk
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