Centrica Buys U.S. Energy Retailer First Choice for $270 Million

Centrica Plc (CNA), the U.K. largest power supplier, acquired Texas-based energy retailer First Choice Power for $270 million in cash.

First choice has 220,000 residential and commercial electricity customer accounts in Texas, Centrica said in a statement today.

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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