Engie to Acquire UK Power Networks for $14.2 Billion
Engie is set to purchase UK Power Networks from Hong Kong’s CK Group for $14.2 billion.
8 stories found
Engie is set to purchase UK Power Networks from Hong Kong’s CK Group for $14.2 billion.
Billionaire Li Ka-Shing's CK Group is reportedly selling its UK Power Networks to France's Engie in a deal valued at $14 billion.
French energy group Engie is set to expand its presence in the British market through a $14.2 billion deal to acquire UK Power Networks, a major electricity distributor.
Engie announced its intention to purchase UK Power Networks from Hong Kong’s CK Group for $14.2 billion.
Engie's shares surged following the announcement of a 'transformative' $14 billion deal to acquire UK Power Networks.

French energy group Engie has announced the acquisition of UK Power Networks, a British electricity distributor, for 10.5 billion pounds (approximately 12 billion euros). The acquisition was revealed during the presentation of Engie's financial results for 2025.
Engie's shares rose following the company's raised guidance and its $14.2 billion acquisition of UK Power Networks.

French utility to acquire owner of electricity cables and power lines across London, south-east and east of England A French utility has agreed to buy the owner of the electricity cables and power lin