⚡EnergyDebrief

Daily Debrief

Top stories from Wednesday 25 February 2026

  1. #2

    France’s Engie strikes deal to buy UK Power Networks for £10.5bn

    French utility to acquire owner of electricity cables and power lines across London, south-east and east of England A French utility has agreed to buy the owner of the electricity cables and power lines across London, the south-east and the east of England in a deal worth £10.5bn. Paris-headquartered Engie said on Wednesday that it had struck a deal to buy UK Power Networks (UKPN) in a “major milestone” for the company’s ambition to become the “best energy transition utility”. Continue reading...

    The Guardian Energy
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  3. #7

    Energy bills will fall by £117 for millions of households in Great Britain from April

    Ofgem cap drops by 7% to £1,641 a year for consumers’ average gas and electricity costs Business live – latest updates Annual energy bills will fall by £117 for millions of households from April after Rachel Reeves’s plan to cut £150 a year from bills was partly foiled by rising costs. The energy regulator Ofgem’s quarterly cap will fall by 7% a year for the three months from April to £1,641 for the average combined gas and electricity bill in Great Britain, from £1,758 under the current January-March cap. Continue reading...

    The Guardian Energy