Post by ENGIE

▶️ Signing of an agreement to acquire 100% of UK Power Networks (UKPN), the best-in-class electricity distributor in the UK.   With 71 TWh of electricity delivered each year to 8.5 million customers and supported by 6,500 employees, UKPN is a leading electricity distribution operator. It operates three distribution licenses covering London, the South East and East of England, representing a network of around 192,000 km   This acquisition marks a major milestone in ENGIE’s ambition to become the best energy transition utility, by strengthening its position in regulated electricity networks. It will also bolster the Group’s presence in the UK, which will become its second-largest country of activity.   🔗 Find out more: https://lnkd.in/dPv2dWiT