Deal Snapshot
Igas Energy Acquires Geothermal Energy Business
Thursday 17 September 2020

UK-based onshore oil and gas exploration and production company IGas Energy plc (AIM: IGAS) has entered into a share purchase agreement to acquire GT Energy UK Ltd, a developer of deep geothermal heat projects onshore in the UK, the company said.

The acquisition is in line with IGas's strategy of diversifying into the wider UK energy market whilst leveraging its core competencies as an UK onshore operator.

Date Published: 17/09/2020