ENGIE to acquire UK Power Networks for $14.2bn
ENGIE will purchase the UK electricity distributor in mid-2026, pending regulatory and shareholder approvals.
26 February 2026
26 February 2026
ENGIE will purchase the UK electricity distributor in mid-2026, pending regulatory and shareholder approvals.
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The financing will support construction and future energy generation, with Arevon planning to supply more than 24,000 homes.
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The seven-year term begins in 2028 and includes a revenue floor structure to support the project’s financing.
The financing will support construction and future energy generation, with Arevon planning to supply more than 24,000 homes.
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