Power Assets Holdings Limited’s indirect unit Devin International Limited has agreed to sell its 40% stake in UK Power Networks Holdings Limited, alongside related shareholder debt instruments, to Engie UK 2026 Limited under a share purchase agreement signed on 25 February 2026. Power Assets’ base cash consideration is GBP4.2192 billion, subject to customary closing adjustments, with completion expected after the relevant conditions are satisfied.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Assets Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260226-12029976), on February 25, 2026, and is solely responsible for the information contained therein.