Centrica, which two months ago sold its Round 2 Race Bank offshore wind project to Dong for £50m ($83m), expects its "near-term investment in the UK power sector to be limited”, says chief executive Sam Laidlaw.

Centrica, which owns British Gas, saw its full-year profits slide 2% last year to £2.69bn, with its British Gas residential energy-supply business under particularly intense pressure amid falling customer numbers.

Operating