National Grid has agreed to sell Europe’s largest liquefied natural gas terminal to British Gas owner Centrica and Energy Capital Partners, in a deal worth £1.5 billion.The two firms will be acquiring the Isle of Grain terminal in Kent.

Shares in Centrica, the FTSE 100 owner of British Gas, have jumped after it joined forces with Energy Capital Partners (ECP) to snap up Europe’s largest liquefied natural gas (LNG) terminal for £1.5bn In a statement issued to the London Stock Exchange,