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Calisen transaction completed

12 Jul 2023

12 July 2023

Further to the news Equitix shared in November last year, the Boards of Calisen and MapleCo are today pleased to confirm that the transaction has completed, having received clearance from the UK Competition and Markets Authority following its Phase I review and all other necessary regulatory clearances.

Calisen Group (Holdings) Limited, with the support of its investors, previously announced it had agreed to acquire MapleCo to extend its services to more UK energy retailers in support of its mission – Smarter Energy for All. The transaction will enable Calisen to continue its mission to deliver Smarter Energy for All, reaching more customers and continuing to grow in new sectors including EV charging and the electrification of heat. MapleCo will benefit from being part of an enlarged group with high levels of customer service and a broader service offering.

This major transaction marks an important milestone for Equitix.

As a material shareholder in the combined group, Equitix is proud to be leading the UK’s Green Energy Transition, investing across the breadth of the energy spectrum, including the electrification of heat and in generating wind, hydro and solar power.

This corresponds with our strategic ambitions, to invest in the critical development of energy infrastructure, support NetZero targets and energy security provision while supporting consumers to manage their energy use efficiently.