Article 6TVGM Good Energy agrees near-£100m takeover by UAE-linked firm

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

by
Jasper Jolly
from World news | The Guardian on (#6TVGM)

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

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.

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