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26.02.26 - 07:24
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Engie SA To Acquire UK Power Networks (AFX)
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PARIS (dpa-AFX) - Engie SA (ENGI.PA, ENGIY), on Thursday, signed an agreement to acquire UK Power Networks for an equity value of 10.5 billion pounds, marking a major step in strengthening its pos......
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26.02.26 - 06:12
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ENGIE SA Full Year Income Retreats (AFX)
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PARIS (dpa-AFX) - ENGIE SA (ENGI.PA) released a profit for full year that Dropped, from the same period last yearThe company's bottom line totaled EUR3.827 billion, or EUR1.51 per share. This comp......
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26.02.26 - 02:30
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Victor Li: CK Group to Keep Seeking Investment/ Development Opportunities (AAStocks)
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CKI HOLDINGS (01038.HK), POWER ASSETS (00006.HK), and CK ASSET (01113.HK) agreed to sell their entire stake in UKPN to the listed French utility company Engie for a basic total consideration of approximately GBP10.548 billion (about HKD110.754 billion). The enterprise value of the transaction is reportedly GBP16.838 billion (abo......
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26.02.26 - 01:42
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CK group agrees to sell UK electricity operator for US$14.2 billion (SCMP)
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A consortium comprising CK Infrastructure Holdings, CK Asset Holdings and Power Assets Holdings has agreed to sell all of its interest in UK Power Networks to French multinational electric utility Engie in a deal worth £10.5 billion (US$14.2 billion).
The disposal, under an agreement signed on Wednesday, will enable the group to monetise its investment at an attractive valuation, delivering a significant accounting gain and cash proceeds for future investments or acquisitions, the group of......
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25.02.26 - 23:00
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France′s Engie strikes deal to buy UK Power Networks for £10.5bn (The Guardian)
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French utility to acquire owner of electricity cables and power lines across London, south-east and east of EnglandA French utility has agreed to buy the owner of the electricity cables and power lines across London, the south-east and the east of England in a deal worth £10.5bn.Paris-headquartered Engie said on Wednesday that it had struck a deal to buy UK Power Networks (UKPN) in a “major milestone” for the company's ambition to become the “best energy transition utility”. Continue reading......
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