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Announced

Essent to acquire Equans Energy Solutions from Equans.

Synopsis

Essent, a supplier of electricity and gas in the Netherlands, agreed to acquire Equans Energy Solutions, a provider of Aquifer Thermal Energy Storage and end-to-end solutions to households and businesses, from Equans, a multi-technical services company. Financial terms were not disclosed. "The acquisition of Equans Energy Solutions aligns with Essent's ambition to help everyone take the next step in energy transition. We are delighted to welcome the new colleagues to our Energy Infrastructure Solutions business unit team. We are convinced that with the combination of Essent and Equans Energy Solutions we can further accelerate the energy transition together with our people and our customers," Resi Becker, Essent CEO.

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