Centrica PLC
7 May 2002
7th May, 2002
Centrica completes acquisition of Enbridge Services
Centrica plc today announced that it has completed its acquisition of Enbridge
Services Inc. for C$1 billion (£434 million).
The Toronto based home and business services operation has around 1.75 million
customer relationships, including the leasing of water heaters and installation
and servicing of heating, ventilation and air conditioning systems.
The transaction, announced on 28 January 2002, will more than double the
customer base of Centrica's Canadian business and offers the opportunity to
market energy and related products and services across a base of over two
million households.
Following the completion of the recently announced acquisition of Texas-based
Central Power and Light Company and West Texas Utilities Company from American
Electric Power (AEP), Centrica will have almost 4.5 million customer
relationships with North American households.
Enquiries
Centrica Media Relations 01753 494085
Centrica Investor Relations 01753 494900
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