UK Power Networks

Acquired

London, United Kingdom · Founded 2010

Headquarters
London
Employees
5001–10000
Founded
2010
Business Model
B2C
Acquired by
EngieFeb 2026 · $14.2B

About

UK Power Networks (UKPN) is a leading Distribution Network Operator responsible for owning and maintaining the electricity cables and lines across London, the South East, and East of England. Founded in 2010, the company provides power to approximately a quarter of the UK's population — over 19 million people — across more than eight million homes and businesses. Employing more than 6,500 people, UK Power Networks is committed to delivering a reliable, safe, and sustainable electricity network and plays a central role in facilitating the UK's transition to net zero through grid modernization and innovation. It is majority owned by a consortium including Li Ka-shing's Cheung Kong Infrastructure.

Summary

UK Power Networks is an Energy company based in London, United Kingdom, founded in 2010. Investors include ENGIE (formerly GDF SUEZ).

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Funding History

AcquisitionFeb 2026

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