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CNA Centrica Plc

130.40
1.85 (1.44%)
Last Updated: 09:09:24
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Centrica Plc LSE:CNA London Ordinary Share GB00B033F229 ORD 6 14/81P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.85 1.44% 130.40 130.40 130.55 132.05 130.00 130.95 1,160,009 09:09:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electric Services 26.46B 3.93B 0.7326 152.77 600.24B

UK CMA Grants Approval for OFGEM Price Control Appeals

30/03/2015 10:02am

Dow Jones News


Centrica (LSE:CNA)
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LONDON--The U.K. Competition and Markets Authority said Monday it has granted permission to Northern Powergrid (Northeast) Ltd., and Northern Powergrid (Yorkshire) PLC; and British Gas Trading Ltd., to appeal against Ofgem's RIIO-ED1 price control decision for electricity distribution companies.

The CMA announced it had received the appeals earlier this month and said it will now appoint a group of panel members to determine them.

The appeals relate to price controls made for the eight-year period from April 1 2015 to March 31, 2023. The details of the price controls were announced in November 2014.

The appeals are separate from the CMA's ongoing investigation into the retail energy market.

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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