Sunday 1 July 2018

Centrica buys 50% stake in UK green gas supplier

Centrica buys 50% stake in UK green gas supplier

Centrica has agreed to buy a 50% stake in what is claimed to be the UK’s largest biomethane supplier.

Barrow Green Gas (BGG) supports biomethane producers by facilitating the supply of the gas to buyers and provides Green Gas Certificates (GGCs) to energy suppliers.

It is said to be the only gas business in Britain that focuses solely on the green gas market.

Centrica expects the new partnership to strengthen its ability to offer customers a wider choice of renewable energy products and provide growth opportunities for BGG to access the energy giant’s capabilities in international markets.

Cassim Mangerah, Co-Managing Director for Energy Marketing and Trading said: “We expect the biomethane market to continue to grow across the UK and Europe, underpinned by supportive regulation and growing customers demand for renewable energy.

“We believe this partnership creates a unique platform for us to help grow the green gas market internationally and meet the changing needs of our customers as they transition to renewable energy sources.”

Written by

Bruna Pinhoni

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