HP Enterprise Services UK Limited has announced that Centrica plc has signed a seven-year outsourcing services agreement worth more than £247 million.

With the new agreement, HP will enable Centrica to move to a utility-based private cloud computing environment that will support Centrica’s change program, improve speed of deployment, help lower costs and support the company’s environmental objectives.

“Centrica is striving to improve our ability to respond to market changes to supply gas and electricity to homes and businesses more efficiently,” said Dave Bickerton, group chief information officer, Centrica. “We value HP’s utility computing capabilities and quality solutions that are flexible, cost-effective and help reduce our carbon footprint.”