NEWS | 11 September 23

Centrica Energy Marketing & Trading and Centrica Energy Trading becomes Centrica Energy

Centrica Energy Marketing & Trading (EM&T) and associated entities have today announced renaming to Centrica Energy with the purpose of consolidating and simplifying organisational identity across locations to delivering one organisation operating with a clear common identity.

As the trading and optimisation arm of Centrica plc, Centrica Energy incorporates EM&T’s Head Office in London and Centrica Energy Trading’s offices in Denmark, in addition to the business’ subsidiaries in Belgium, Germany, Singapore and sales offices in Norway and Sweden.

Together, Centrica Energy represents over 750 energy talents and specialists from across the globe, with operations running 24/7/365 from eight offices across all time zones. The new identity reflects the growth journey and transformation achieved by the business over the last few years, having achieved a global reach, taking a forefront position in the renewable energy transition, and securing energy procurement for the Centrica plc.

 

“This change is about bringing together our different locations, business areas, and activities in the energy trading and optimisation domain under one brand – Centrica Energy. The name underlines our position as a significant player in wholesale power, gas, and LNG markets, a leading player in the management of renewable assets, and how our business sits at the very core of the Centrica Group” said Cassim Mangerah, Managing Director of Centrica Energy.

 

Now effectuated, the transition to Centrica Energy has no direct impact on the business’s operations, relationship or contracts with customers and counterparties. Legal entities will not be subject to change, and any customers or counterparties associated with the consolidated entities have been informed in due-time and through appropriate channels.

 

About Centrica Energy

Centrica is a leading international energy services and solutions provider, founded on a 200-year heritage of serving people. Centrica Energy is the trading and optimisation arm of Centrica plc, and a leading provider of energy risk management and optimisation services to business in addition to managing commodity risk and providing wholesale market access for the Centrica Group.

 

We trade power, gas, liquified natural gas and green certificates, connecting energy producers, suppliers and offtakers in wholesale energy markets. We are one of the largest renewable asset managers in Europe, with over 16.5GW of capacity under contract, of which more than 85% is renewable assets.

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