Barclays says to exit British gas fracking business

LONDON (Reuters) - Barclays said it is exiting its British gas fracking business after gas developer Third Energy, in which Barclays owns a significant stake, reached an agreement to sell its onshore gas activities, including its fracking site in northern England, to U.S.-based Alpha Energy.

"The deal confirms that we no longer have the stake in the fracking site," a Barclays spokesman said via email.

(Reporting by Susanna Twidale; Editing by Alexandra Hudson)