Centrica plc is a multinational energy and services company headquartered in Windsor, United Kingdom. Established in 1997 following the demerger of British Gas, the company has evolved into a leading provider of energy supply, exploration and production, and customer services. Centrica’s operational structure encompasses upstream gas and oil exploration, midstream trading and optimization, and downstream retail supply and services aimed at both residential and commercial customers.
In its retail segment, Centrica supplies electricity, natural gas and low-carbon energy solutions to millions of homes and businesses. Under its British Gas brand, the company offers boiler installation and repair, heating and plumbing services, smart home products and broadband connectivity. Centrica Business Solutions delivers tailored energy management, combined heat and power systems, and distributed energy resources to corporate clients seeking to reduce costs and carbon footprints.
On the upstream side, Centrica holds interests in North Sea and Norwegian Continental Shelf oil and gas fields, operating through its Spirit Energy joint venture. The company’s trading arm sources, optimizes and markets energy commodities across global markets, while also developing low-carbon technologies such as hydrogen, carbon capture and bioenergy. Centrica’s footprint extends beyond the UK and Ireland into North America, where Direct Energy serves millions of customers with energy supply and home services in Canada and the United States.
Centrica is led by Group Chief Executive Chris O’Shea, who took on the role in April 2020, with support from Group Chief Financial Officer Tanya Wood. The board comprises a blend of executive and non-executive directors with expertise in energy markets, technology and sustainability. Through its integrated model and strategic focus on customer-centric solutions, Centrica aims to navigate the energy transition while maintaining reliable supply and innovative service offerings.
AI Generated. May Contain Errors.