Barclays said it is exiting the British gas fracking industry after gas developer Third Energy, in which the bank owns a significant stake, agreed to sell its onshore gas activities to a division of U.S.-based Alpha Energy. Third Energy had planned to frack at the Kirby Misperton site in Yorkshire, northern England, last year but failed to receive government consent after a crackdown on the financial status of fracking firms. Third Energy Holding Limited said on Thursday it had signed a sale agreement with Alpha Energy owned York Energy UK Holdings Ltd, for its onshore business, including Kirby Misperton. “The deal confirms that we no longer have the stake in the fracking site”, a Barclays spokesman said via email, adding that the bank had planned to offload the […]