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Energy Capital Partners, KKR Maintain Final Takeover Offer for DCC Energy
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12:09 AM EDT, 09/03/2026 (MT Newswires) -- DCC Energy (DCC.L) suitors Energy Capital Partners Management and KKR said their takeover proposal is final and will not be increased, according to a Wednesday filing. Through Dragon Bidco, funds and investment vehicles under the management of Energy Capital and KKR are offering a base consideration of 65.25 pounds sterling and a potential additional payment of up to 1.25 pounds for every share in the London-listed multi-energy sales and distribution company. The additional consideration is subject to the completion of the sale of the target's Nexora technology unit. The offerors maintain that the financial terms of the proposal represent a full and fair value for DCC. The proposal secured unanimous recommendation from directors of the target. Shareholders will vote on the proposal at the scheme and extraordinary general meetings scheduled for Sept. 18.
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