DCC Energy Set for Private Takeover | Business and Finance News

DCC Energy is set to be acquired for £5.7 billion by private equity giants KKR and Energy Capital Partners, marking a major exit from the London Stock Exchange and a significant premium over its recent valuation. The deal, a follow-up to a rejected £4.95 billion offer in April, now includes a potential bonus dividend if its tech subsidiary Nexora is sold for at least $800 million. With roots dating back to 1976 and a history of acquiring assets from Shell and BP, DCC has evolved into a key European energy player — now positioning itself to capitalize on the booming AI data center market. KKR and ECP see solar and gas turbine infrastructure as critical to meeting the digital economy’s growing power demands. While the board urges shareholders to accept the deal, founder Jim Flavin strongly opposes it, calling the offer inadequate — highlighting a deep divide over the company’s true worth and future direction. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1e5cd9a907b6d28b