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acquisitionAnnounced · Mar 2, 2026Electricity DistributionSource · CredibleArticle · Factual
Engie acquires UK Power Networks
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$14.2B
Target
UK Power Networks
HK:UKPN · London, Greater London
Acquirer
Engie
Full Acquisition
Status
Pending
Engie agreed to acquire UK Power Networks. Reported deal value: $14.2B. Status: Pending. Sector: Electricity Distribution. Target headquarters context: London, Greater London, United Kingdom.
This page summarizes publicly available information about the transaction as of 2026-03-02. Figures and status may change as filings and press coverage update.
Engie has raised €3bn in fresh capital through a capital increase intended to help finance the acquisition of UK Power Networks , an electricity network operator in the United Kingdom
Deal timeline
Announced
Mar 2, 2026 · marketscreener.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Electricity Distribution with a reported deal value of $14.2B. Figures and status may change as sources update.
Sources: marketscreener.com · Primary article · FireStrike proprietary index