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.
Following the acquisition of a 25% stake in March, GRIDSERVE has now fully taken on Ecotricity’s Electric Highway electric vehicle (EV) charging network.
GRIDSERVE has taken a 25% stake in Ecotricity's Electric Highway network of electric vehicle (EV) chargers, with plans to replace the current infrastructure.