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Engie acquires UK Power Networks for green growth

RECENTLY ACQUIREDMar 08, 2026

Acquiring Company

Engie

Acquired Company

UK Power Networks

IrelandGreater LondonEnergyRenewable EnergySolarBiomass EnergyEnergyRenewable Energy

Description

Engie has successfully integrated its acquisition of UK Power Networks, marking a significant step in its green utility strategy. This acquisition is part of Engie's broader investment plan, amounting to €12 billion annually, aimed at achieving net-zero emissions by 2045. The deal positions Engie to strengthen its footprint in key European energy sectors, despite recent fluctuations in its share price.

Quick answer

Engie is acquiring UK Power Networks, announced March 8, 2026. Engie is based in Ireland.

How much did Engie pay for UK Power Networks?
The deal value was not disclosed.
What does Engie do?
Engie is a global leader in low-carbon energy and services, with a strong presence in renewable energy projects.
Where are Engie and UK Power Networks based?
Engie is based in Ireland. UK Power Networks is based in Greater London, England, United Kingdom.
Who are the decision-makers at Engie?
Fundz holds 2 contacts at Engie. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Energy and Renewable Energy

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Engie

Location

Ireland

About

Engie is a global leader in low-carbon energy and services, with a strong presence in renewable energy projects.

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Frequently asked

Who acquired UK Power Networks?

UK Power Networks was acquired by Engie, based in Ireland. The deal was reported on March 8, 2026. Engie is a global leader in low-carbon energy and services, with a strong presence in renewable energy projects. Engie is privately held and operates in Energy.

When did Engie acquire UK Power Networks?

Engie's acquisition of UK Power Networks was reported on March 8, 2026. Engie has successfully integrated its acquisition of UK Power Networks, marking a significant step in its green utility strategy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does UK Power Networks do?

UK Power Networks is a leading electricity distribution network operator in the UK. It is responsible for the delivery of electricity to over 8 million customers across London, the South East, and East of England. It is privately held, operating in Energy, and is based in Greater London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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