There is currently no verified or officially announced agreement for French energy group Engie to acquire UK Power Networks for over $14 billion.

A review of up-to-date business reporting and company disclosures shows no confirmation of such a transaction.

Recent media coverage in the UK energy sector has focused on past or separate infrastructure transactions, including interest by investment consortia in regional electricity distribution operators.

However, there has been no formal statement from Engie, UK Power Networks, or their respective shareholders confirming a completed or agreed sale at the reported valuation.

UK Power Networks, which operates electricity distribution networks serving London, the South East and East of England, remains owned by a consortium of long-term infrastructure investors.

Engie, for its part, has continued to pursue energy transition investments across renewables, networks and low-carbon infrastructure in multiple markets, but no disclosure indicates the acquisition in question has been executed.

Given the absence of regulatory filings, stock exchange announcements or confirmed corporate statements, the reported $14 billion acquisition does not appear to have been formally concluded at this time.

Market participants are advised to rely on official disclosures and regulatory announcements for confirmation of any material transaction.