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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

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

Good Energy Martin Edwards United Kingdom IHC United States
Installing solar panels
Good Energy supplies renewable energy to homes, as well as installing solar panels, heat pumps and batteries. Photograph: Kristian Buus/10:10/PA

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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