Centrica PLC
1 October 2001
October 1, 2001
Centrica completes Luminus transaction
Centrica plc has today announced that the purchase of a 50 per cent share in
Luminus N.V., a newly created energy supply business in Belgium, for a
consideration of £52 million (Euro 85 million) completed on 28th September
2001.
The joint venture has been established with a consortium of five Flemish
municipal utilities ('intercommunales') led by Interelectra and WVEM. The
consortium has 600,000 customers.
The transaction, announced on 29 June, represents Centrica's first step into
the liberalising energy markets of Continental Europe.
Enquiries
Centrica Media Relations 01753 494085
Centrica Investor Relations 01753 494900
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