Engie to buy UK grid operator UK Power Networks for £10.5bn
- Location
- 🇫🇷 France / United Kingdom
- Sector
- Energy
- Organisations
- Engie ↔ UK Power Networks (Verkäufer: CK-Gruppe)
- Transaction
- Acquisition (100%)
- Volume
- £10.5bn (enterprise value £15.8bn)
- Status
- completed
On 25 February 2026 Engie agreed to buy British electricity distribution operator UK Power Networks from companies of Hong Kong's CK group for £10.5bn in cash; the enterprise value is £15.8bn. Engie completed the purchase on 7 May 2026 (MarketScreener, 7 May 2026; second source: Dow Jones via MarketScreener, 26 February 2026).
Source: marketscreener.com ↗ · Archived copy ↗
Further sources: ae.marketscreener.com ↗ (Archived copy ↗)
Evidence: 2 independent sources · archived copy saved · How well sourced is Eurotrack?
More from: 🇫🇷 France · 🇬🇧 United Kingdom