Centrica Buys Belgian Company REstore for EUR70 Million
Centrica PLC (CNA.LN) on Friday announced that it has bought Belgian energy technology company REstore NV for 70 million euros ($81.6 million).
FTSE 100-listed Centrica said that REstore will form part of its international distributed energy and power unit.
REstore brings asset-optimization capabilities to Centrica and complements its acquisitions of Panoramic Power Ltd., Neas Energy A/S and ENER-G Cogen International Ltd., the utility company said.
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(END) Dow Jones Newswires
November 03, 2017 03:33 ET (07:33 GMT)