Good Energy agrees near-£100m takeover by UAE-linked firm

Esyasoft to acquire UK company, which supplies renewable power to about 245,000 households and businessesBusiness live – latest updatesA British green electricity supplier, Good Energy, has agreed a near-£100m takeover by a company controlled by a member of Abu Dhabi’s ruling family.The retail energy company said on Monday it had agreed a deal with the Dubai-headquartered Esyasoft for a cash offer of £4.90 a share, valuing it at £99.4m. Continue reading...

Jan 27, 2025 - 16:34
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Good Energy agrees near-£100m takeover by UAE-linked firm

Esyasoft to acquire UK company, which supplies renewable power to about 245,000 households and businesses

A British green electricity supplier, Good Energy, has agreed a near-£100m takeover by a company controlled by a member of Abu Dhabi’s ruling family.

The retail energy company said on Monday it had agreed a deal with the Dubai-headquartered Esyasoft for a cash offer of £4.90 a share, valuing it at £99.4m. Continue reading...