Engie SA agreed to buy the UK’s largest power-distribution network for £10.5 billion ($14.2 billion), expanding its footprint in Britain just as the nation rushes to expand its grid to meet surging demand from renewables,

Engie SA agreed to buy the UK's largest power-distribution network for US$14.2bil, expanding its footprint in Britain just as the nation rushes to expand its grid to meet surging demand from renewables,

French utility acquiring one of United Kingdom’s largest electricity distribution networks. Deal subject to regulatory approval with completion expected mid-2026. Engie says transaction in line with company’s broader electricity network infrastructure ambitions.

French utility Engie on Wednesday struck an agreement to acquire UK Power Networks, an electricity distribution network operator, for an equity value of 10.5 billion pounds ($14.23 billion).

The electric utility industry is undergoing a major transformation driven by new sources of energy generation (solar and wind power), consumer demand for faster and more affordable services, cybersecurity, and big data. Gathering data to harvest insights ...

The state-run Korea Electric Power Co. (KEPCO) is preparing to announce plans to invest approximately 10 trillion won ($7.2 billion) over the next five years to expand its power distribution network. The initiative marks the company’s first long-term ...

BSES Rajdhani has deployed India’s first large-scale digital twin of a power distribution network in Delhi. Read to find out how it work

Tata Power-DDL CEO Dwijadas Basak outlines how regulatory reforms, smart meters, storage solutions and digital innovation are strengthening financial sustainability and consumer-centric transformation