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The UK Competition and Markets Authority on Friday issued an invitation to comment on Macquarie Group Ltd’s pending acquisition of Energy Assets Group. The Macquarie Asset Management-arm of Sydney-based Macquarie agreed to acquire 100% of Scotland-based Energy Assets Group in February 2025. ‘EAG owns and operates long-term energy infrastructure across smart meters and last-mile utility connections. We look forward to supporting EAG as it continues to grow, facilitating the UK’s growth and energy transition agendas.’ said Macquarie Asset Management head of Utilities and Networks in Europe, the Middle East and Africa Will Price at the time. EAG is held by a consortium of firms including Madrid-based Asterion Industrial Partners, Electricite de France Invest and Swiss Life Holding AG. The company provides electricity and gas metering services, data services, and independent installation and adoption services for last mile utility connections. The CMA’s invitation allows interested parties to submit to any views on the impact that the transaction could have on competition in the UK. Interested parties have until May 29 to comment. In particular, the CMA said it is considering whether the transaction will impact the UK Office of Gas and Electricity Markets’s ability ‘to make comparisons between energy network enterprises.’ The CMA has not yet launched a formal investigation into the transaction. The invitation represents the first part of its information-gathering process Macquarie shares closed down 0.6% at A$242.96 each in Sydney on Friday. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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