June 14, 2018 / 10:15 AM / 3 months ago

Centrica aims to sell UK nuclear stake by end 2020

LONDON, June 14 (Reuters) - Centrica plans to sell its 20 percent stake in eight British power plants by the end of 2020, but has yet to start marketing the assets, the company’s CEO said on Thursday

France’s EDF owns the other 80 percent of the nuclear plants, which generate around 20 percent of Britain’s electricity.

“We have had a number of people calling us saying they would be interested but we haven’t started marketing it yet,” Centrica chief executive Iain Conn said on the sidelines of the FT Energy Transition Strategies Summit in London. (Reporting by Susanna Twidale Editing by Alexander Smith)

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