E.ON acquires OVO Energy for undisclosed sum

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Ovo Energy founder Stephen Fitzpatrickhttps://www.cityam.com/wp-content/uploads/2026/02/image-of-ovo-energy-entrepreneur-Stephen-Fitzpatrick.jpg?w=1107" />

E.ON has reached a deal to acquire OVO Energy for an undisclosed sum.

The deal, which is subject to regulatory approval, is expected to be given clearance in the second half of 2026. “As the UK energy system evolves, flexibility will be central to keeping costs down and improving resilience,” E.ON said in a statement. https://www.cityam.com/e-on-acquires-ovo-energy-for-undisclosed-sum/">[...]

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E.On to buy Ovo Energy