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    1. Home
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    3. >Engie shares jump on $14 billion UK power grid deal
    Finance

    Engie shares jump on $14 billion UK power grid deal

    Published by Global Banking & Finance Review®

    Posted on February 26, 2026

    1 min read

    Last updated: February 26, 2026

    Engie shares jump on $14 billion UK power grid deal - Finance news and analysis from Global Banking & Finance Review
    Tags:infrastructure

    Quick Summary

    Engie shares jumped after it agreed to buy UK Power Networks from CK Infrastructure for £10.5bn ($14.21bn). The stock rose about 7% to a multi‑year high, heading for its biggest one‑day gain since March 2022.

    Table of Contents

    • Seller: Hong Kong-listed CK Infrastructure
    • Engie to Acquire UK Power Networks
    • Share Price Reaction and Records
    • Exchange Rate Reference (USD/GBP)
    • Reporting: America Hernandez, Paris

    Engie Shares Soar on $14B Purchase of UK Power Networks Operator

    By America Hernandez

    Seller: Hong Kong-listed CK Infrastructure

    Engie to Acquire UK Power Networks

    PARIS, Feb 26 - Shares in French utility Engie hit their highest since September 2009 on Thursday, after the company announced it would buy UK Power Networks from Hong Kong-listed CK Infrastructure Holdings  for 10.5 billion pounds ($14.21 billion).

    Share Price Reaction and Records

    Shares were up 7% at 29.49 euros at 0838GMT, and heading for their biggest single-day rise since March 2022.

    Exchange Rate Reference (USD/GBP)

    ($1 = 0.7391 pounds)

    Reporting: America Hernandez, Paris

    (Reporting by America Hernandez in Paris)

    Key Takeaways

    • •Engie agreed to acquire UK Power Networks for £10.5 billion ($14.21 billion).
    • •The seller is Hong Kong–listed CK Infrastructure Holdings.
    • •Engie shares jumped in early trade, rising about 7%.
    • •The rally puts the stock at a multi‑year high.
    • •The deal underscores Engie’s push into regulated UK electricity networks.

    Frequently Asked Questions about Engie shares jump on $14 billion UK power grid deal

    1What is the main topic?

    Engie’s agreement to buy UK Power Networks for £10.5 billion from CK Infrastructure, and the immediate surge in Engie’s share price following the announcement.

    2Who is selling UK Power Networks and for how much?

    UK Power Networks is being sold by Hong Kong–listed CK Infrastructure Holdings for £10.5 billion, equivalent to about $14.21 billion based on the stated exchange rate.

    3How did Engie shares react to the news?

    Engie shares climbed roughly 7% in early trading, reaching a multi‑year high and setting up the biggest single‑day rise since March 2022.

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