Acquiring Company
Engie
Acquired Company
UK Power Networks
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.
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- Oasis acquires Asia Clean Capital Vietnam (April 20, 2026)
- Pattern Energy acquires Cordelio Power assets (April 15, 2026)
- Barrel Energy acquires Happy Traps for expansion (March 25, 2026)
Who to call at Engie, and when
When Engie changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Engie raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Engie, from your own LinkedIn network
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Related People
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.
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