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Completion of Cygnus gas field interest sale
Business
Oct 1 2025
3 min read

Completion of Cygnus gas field interest sale

1 October 2025

 

 

Centrica plc

Completion of Cygnus gas field interest sale

Centrica plc is pleased to announce that Spirit Energy has completed the sale1 of a 46.25% interest in the Cygnus gas field to Ithaca Energy plc for headline consideration of £116 million and the transfer of associated decommissioning liabilities.

 

 

Enquiries:

Investors and Analysts:

email: ir@centrica.com


Media:  

email: media@centrica.com

tel: +44 (0)1784 843000

 

 

Notes:

1. Transaction initially announced 20th May 2025. Following completion of the transaction, Spirit Energy will retain a 15.00% interest in the Cygnus gas field.

 

 

Centrica plc is listed on the London Stock Exchange (CNA)
Registered Office: Millstream, Maidenhead Road, Windsor, Berkshire SL4 5GD

Registered in England & Wales number: 3033654
Legal Entity Identifier number: E26EDV109X6EEPBKVH76
ISIN number: GB00B033F229