12. Mar, 2018


"Sky News has learnt that Third Energy, which is awaiting the outcome of a review ordered by the Government into its financial strength, has in recent weeks approached a number of other industry players about a potential deal.

The development underlines Third Energy's need for new investment as Barclays, which effectively outsourced the management of its shareholding in 2015, declines to inject more capital into the company."

Advisers to Barclays-owned Third Energy have approached rival companies about helping to fund its expansion, Sky News learns.