Engie Ineo to acquire Powerlines Group

Engie, through its subsidiary Engie Ineo, has reached an agreement to acquire Austrian railway electrification company Powerlines Group from private equity firm Glide Buy Out Partners. The acquisition is subject to approval by European competition authorities.

“The acquisition, which is taking place through Engie subsidiary Engie Ineo, is subject to approval by European competition authorities.”railjournal.com

• 1 source
• railjournal.comEngie Ineo to acquire Powerlines Group - International Railway JournalKeith BarrowAug 26, 2019

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