EnergyWatch

Centrica upgrades forecast with boost from Neas

Major British energy company Centrica is headed towards a better 2016 result than previously expected. It was helped, in part, by Danish energy trader Neas, which was acquired by the Brits earlier this year.

Photo: NEAS

This spring, British energy company Centrica took over Danish energy trader Neas for DKK 1.6 billion (EUR 215 million), and there is nothing to suggest that Centrica regrets that purchase.

In any case, the Danish company played a part in Centrica's recent decision to upgrade expectations for the full-year result 2016.

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