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DCC Energy Inks $725 Million Deal to Sell Technology Division to One Equity Partners

MT Newswires·10/09/2026 03:01:29
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03:01 AM EDT, 10/09/2026 (MT Newswires) -- DCC Energy (DCC.L) agreed to sell its technology division, Nexora, to One Equity Partners-managed funds at a total enterprise value of $725 million. The London-listed multi-energy sales and distribution company said Friday the deal is expected to complete around March 1, 2027, subject to regulatory approvals. DCC Energy is executing the sale deal amid its own divestment to Dragon Bidco, a company controlled by Energy Capital Partners Management and KKR. Assuming net proceeds of $701 million from the sale, 0.42 pound sterling per share will be added to the total per-share consideration for the sale of DCC Energy.