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Size of Spirit Energy may limit potential buyers, says analyst

By Allister Thomas
Cygnus Alpha platform.
Cygnus Alpha platform.

The size of Spirit Energy’s operation will limit any potential buyers to well-funded firms, according to an analyst.

Parent company Centrica yesterday announced its plans to dispose of its 69% stake in Spirit Energy by the end of next year.

Alyson Harding, technical manager for north-west Europe at Westwood Global,said there may only be a handful that are well placed to buy the firm.

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