acquisition

BP has acquired Open Energi, with ambitions of scaling up globally and continuing to build on its commercial growth.

Ecotricity has made a cash offer for Good Energy, valuing the company at £45.3 million excluding the shares it already owns, or £59.6 million when included.

​Good Energy has branded Ecotricity’s potential acquisition as a “highly opportunistic approach” following the latter making three indicative offers for the company.

​Ecotricity is to potentially make a bid for Good Energy, having made three indicative offers in the past month.

​The Financial Conduct Authority (FCA) has given final approval for the Octopus Energy Group’s acquisition of its sister company Octopus Renewables.

​Following the acquisition of a 25% stake in March, GRIDSERVE has now fully taken on Ecotricity’s Electric Highway electric vehicle (EV) charging network.

​Macquarie is to focus on the residential metering sector following the divestment of Cortex Metering Solutions (CMS), its industrial and commercial (I&C) smart meter portfolio,​ to Energy Assets Group.

​SMAP Energy is to be acquired by Japanese firm ENECHANGE as the two aim to build a +$1 billion energy tech company.

​Centrica has acquired UK-based energy supplier Nabuh Energy as it looks to expand British Gas brand.