November 20, 2017 / 9:54 AM / 25 days ago

UK's Centrica not considering retail arm spin-off

LONDON, Nov 20 (Reuters) - British utility Centrica is not considering a spin-off of its British retail energy arm, CEO Iain Conn said on Monday.

“We believe we can have an attractive energy business in the UK,” Conn said on a conference call.

Rivals SSE and Innogy this month announced plans to merge and list their British retail units in a separate joint venture. (Reporting by Susanna Twidale; editing by Jason Neely)

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