French EDF Energy in talks to purchase British supplier So Energy
France's EDF Energy is reportedly in discussions to acquire British supplier So Energy as consolidation continues across the UK energy market.
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According to Euronews, French energy firm EDF Energy is in talks to buy So Energy, a smaller British gas and electricity retailer. The potential transaction follows a decision by So Energy's Irish parent company to put the supplier up for sale.
A successful deal would add to a renewed wave of consolidation sweeping across the UK gas and electricity retail supply market.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.