Neas Energy Changes Company Name to Centrica Energy Trading
4. February - 2019
Centrica subsidiary, Neas Energy A/S changes company name as it becomes fully integrated with Centrica Energy Marketing & Trading uniting activities, growth strategy and company culture across multiple office locations.
Neas Energy was acquired by Centrica in 2016 in line with Centrica’s strategy to expand and diversify its route to market services in Europe, trading and optimisation activities.
Strong value propositions for changing customers needs
Commenting on the announcement Co-Managing Director in Centrica Energy Marketing & Trading, Cassim Mangerah said:
“The acquisition of Neas Energy has been a success and the integration of our activities in Energy Marketing & Trading is a pivotal step in the direction of accelerating our energy marketing and trading growth strategy.
“We are focused on moving and trading energy to satisfy the changing needs of our customers and integrating our activities in Energy Marketing & Trading across multiple locations strengthens our value propositions to our customers and counterparts with diversified energy infrastructure portfolios and exposure in several markets.”
New name, business as usual
The name change of Neas Energy A/S is expected to come into effect by February 26, 2019.
All relevant authorities and stakeholders will be notified that Neas Energy will start operating under the new name which will also be effective for the subsidiaries in Germany and Singapore once local registration processes are done.
Please note, that this is exclusively a name change and will not impose other changes to legal entities. Company registration numbers, VAT numbers, scheduling/shipper codes, addresses, bank account details, phone numbers will remain unchanged.
E-mail addresses are being migrated on an ongoing basis to @centrica.com and expected to be fully migrated as soon as possible. The company website will gradually be moved to: www.centrica.com/about-us/what-we-do/energy-marketing-and-trading
+44 (0)1784 843000
- Centrica plc is an international energy and services company. Our purpose is to provide energy and services to satisfy the changing needs of our customers.
- We supply energy and services to over 25 million customer accounts mainly in the UK, Ireland and North America.
- We are also developing new and innovative products, offers and solutions for customers globally, underpinned by investment in technology.
- Our Energy Marketing & Trading business is a leading European provider of energy management and revenue optimisation services. We continue to focus on expanding these activities, in addition to managing commodity risk and providing wholesale market access for the Centrica Group. We continue to expand our global LNG business, having built a full range of LNG trading, optimization and operations capability.