News
03 November 2008
British Gas Business to acquire BizzEnergy customers
Centrica plc, through its British Gas Business division, today announced that it has reached agreement to acquire the customers of BizzEnergy Ltd for a cash consideration of £3.5 million after the privately-owned energy supplier was taken into administrative receivership.
All of BizzEnergy's 40,000 electricity customers across SME and Corporate markets, transferred to British Gas Business under the deal, will maintain their existing contract terms and conditions.
Badar Khan, Managing Director of British Gas Business, said:
"BizzEnergy customers can rest assured that we will ensure a seamless transition to British Gas Business, with no change to their energy supply contracts."
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Notes to editors
Centrica plc is acquiring the electricity customer base of BizzEnergy Ltd through its subsidiary British Gas Trading Limited.
BizzEnergy SME customers can call British Gas Business for more information on 0800 294 0670, and half-hourly meter supplied customers on 0800 294 0671. Or email on BizzEnergy@britishgasbusiness.co.uk
