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Engie Completes Sale Of 10% Of GTT's Share Capital
Engie To Sell Part Of Its Shareholding In GTT
Engie's MacGregor: cutting exposure to French gas infrastructure could form part of asset sale programme
Engie SA is a France-based global energy and services group. It operates through four business segments: Client Solutions, Renewables, Thermal and Networks. Client Solutions develops integrated solutions to support companies and local authorities in the zero- carbon transition. Networks operates in the gas and electricity value chain (hydrogen, natural gas and biogas) upstream of supply to customers. Renewables covers both generation and marketing of electricity from all renewable energy sources. Thermal provides generation and marketing of electricity from other energy sources, such as gas and coal. Networks comprehend Supply that combines the activities of purchases-wholesale sales and activities business to customers client solutions and Nuclear, dedicated to nuclear activities.
1, place Samuel de Champlain
Independent Chairman of the Board
Chief Executive Officer
Chief Financial Officer, Executive Vice President in charge of Finance, Corporate Social Responsibility and Procurement, Member of the Executive Board
Turki Al Shehri
Chief Executive Officer - Saudi Arabia
Chief Operating Officer, Executive Vice President in charge of Renewables activities, also in charge of Global Energy Management and Nuclear Generation activities, Member of the Executive Board
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French power company Engie announced on Tuesday plans to boost investments in the renewables sector and step up disposals of non-core assets, as part of a strategic programme to improve its business performance.
Portugal's tax watchdog is investigating a multi-billion euro sale of six dams by utility EDP to French firm Engie after opposition lawmakers claimed it used loopholes to avoid the payment of over 100 million euros ($118.60 million) in taxes.
France's power and gas unions said on Thursday they will call for strikes at French power groups Engie and other gas companies on Jan. 14 and at EDF on Jan. 19 if reorganisation plans are not withdrawn by next Wednesday.
France's power and gas unions will call for strikes at French power groups Engie on Jan. 14 and at EDF on Jan. 19 if reorganisation plans are not withdrawn by next Wednesday, the CGT union said in a press release on Thursday.
The Chilean unit of U.S.-based AES closed a coal-fired power plant along Chile's central Pacific coast on Tuesday ahead of schedule amid a drive by the South American nation to end carbon emissions from its grid.
Engie <ENGIE.PA> on Friday said it was reviewing options for its 40% stake in engineering firm GTT and preparing for a potential spin-off of some of its client solutions business, as the sprawling French utility looks to simplify its structure.
Fiat Chrysler and Engie EPS, a division of French utility Engie that focuses on energy storage systems and microgrids, plan to set up a joint venture to take full advantage of an expected boom in electric mobility.
Any French involvement in holding up a multi-billion dollar natural gas deal over environmental concerns could damage the country's trade ties with the United States, a Republican senator has warned in a letter to French President Emmanuel Macron.
A city in Australia's tropical north aims to be the first in the country to go carbon-neutral within 20 years, with the help of a plan worth A$3.1 billion ($2.2 billion) designed by French utility company Engie SA.
Engie SA <ENGIE.PA> and Mitsui & Co have sold a 75% stake in their newly established Australian Renewable Energy Trust to Infrastructure Capital Group (ICG) to help speed up growth in their green energy investments.
A French court ruled on Friday that unions must be consulted on the sale of gas utility Engie's 29.9% stake in waste and water group Suez to larger rival Veolia before it can proceed.
French waste and water firm Veolia has already secured 30% of the capital of its rival Suez and stands ready to launch an offer on the remainder of the shares but the month-long battle appears far from over as the target strongly reaffirmed its refusal to yield.
Shares in French waste and water management firm Suez fell 2% in Monday morning trade, as unwanted suitor Veolia appeared to be closing in on a deal to buy a big stake in the company from top Suez shareholder Engie.
French utility Suez <SEVI.PA> on Sunday rejected assurances from rival Veolia <VIE.PA> that it will not make a hostile bid for the whole company after closing in on a deal to buy a 29.9% stake from power group Engie <ENGIE.PA>.
French utility Suez on Sunday rejected assurances from rival Veolia that it will not make a hostile bid for the whole company after closing in on a deal to buy a 29.9% stake from power group Engie . Veolia said it would not launch a hostile bid for the remaining shares in...
French utility Veolia pledged on Sunday it would not launch a hostile bid for the remaining shares of rival Suez after the acquisition of the 29.9% Suez stake owned by power group Engie.
France's Engie appointed an oil services executive to execute its strategy of refocusing the utility on renewable energy and grids, overlooking the internal candidate behind its new green strategy.
French utility Suez <SEVI.PA> on Thursday floated a last-minute alternative to a takeover by rival Veolia <VIE.PA> involving private equity group Ardian, but its manoeuvre looked unlikely to succeed and arrived too late for selling shareholder Engie.
France's Suez, which opposes a takeover bid from rival Veolia, said on Thursday it backs a plan by private equity group Ardian to bid for the water and waste management firm.
French Finance Minister Bruno Le Maire said on Thursday the Suez-Veolia situation was moving in the "right direction".
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