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Engie SA (ENGIE.PA)

ENGIE.PA on Paris Stock Exchange

14.54EUR
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Engie Acquires South African Companies Thermaire And Ampair
Monday, 4 Dec 2017 09:14am EST 

Dec 4 (Reuters) - ENGIE SA ::‍ENGIE ACQUIRES THERMAIRE AND AMPAIR, TWO KEY PLAYERS IN HVAC SERVICES​.‍TO ACQUIRE 100% OF THEIR SHARES​.  Full Article

Total CEO says becomes integrated LNG player with Engie acquisitions
Wednesday, 8 Nov 2017 12:07pm EST 

Nov 8 (Reuters) - Total Sa :Total's Chief Executive Patrick Pouyanne says acquisition of Engie's LNG assets confirms ambition to become an integrated LNG player.Pouyanne says Engie's assets will open up LNG markets in Europe and Asia for Total.  Full Article

Engie's Mirfa Independent Water and Power Plant starts operations in Abu Dhabi
Tuesday, 7 Nov 2017 05:54am EST 

Nov 7 (Reuters) - Engie Sa ::* ENGIE announces the full commercial operation of the Mirfa Independent Water and Power Plant (IWPP) project, located 160 kilometers away from Abu Dhabi..* 1,600 MW power and 52.5 million gallons (around 200,000 m3) per day (MIGD) seawater desalination capacity plant has the capacity to generate 10% of Abu Dhabi’s power requirements as peak capacity and over 5% of the emirate’s water generation.  Full Article

Norway's Fram field partners approve 1 bln crown project
Monday, 6 Nov 2017 06:01am EST 

Nov 6 (Reuters) - Statoil ASA :Partners in Fram licence have decided to invest in a new project to increase production from Fram field​.Fram licence partners are investing NOK one billion in a new gas module on Troll C platform.The module will help to increase oil production and gas exports from Fram field and provide conditions for further development in area.The module will also help to improve the profitability of the Troll C installation by increasing and accelerating production by means of the enhanced gas capacity.On behalf of partnership Statoil has awarded EPCI contract for Troll C gas module to Aibel​ .The contract has an estimated value of NOK 600 million.The project aims at start-up at the end of 2019.Partners in the Fram licence are Statoil (45 pct), ExxonMobil (25 pct), ENGIE (15 pct) and Idemitsu (15 pct). .  Full Article

Engie renews regasification and storage services contract with Chinese energy group CNOOC
Thursday, 2 Nov 2017 05:32am EDT 

Nov 2 (Reuters) - Engie Sa ::Engie's Cape Ann to provide FSRU services to Chinese group CNOOC for the winter season.Engie announces that it has renewed the regasification and storage services contract with Chinese energy group CNOOC for the coming winter season.This will be provided by the FSRU GDF SUEZ Cape Ann in the port of Tianjin.  Full Article

Engie sells its UK thermal generation assets to Energy Capital Partners‍​
Tuesday, 31 Oct 2017 12:39pm EDT 

Oct 31 (Reuters) - ENGIE SA : :ENGIE SELLS ITS UK THERMAL GENERATION ASSETS TO ENERGY CAPITAL PARTNERS‍​.‍SALE REPRESENTS A TOTAL ENTERPRISE VALUE OF EUR 232 MILLION​.  Full Article

Engie wins renewable energy project in Egypt and will develop 250MW wind power park
Tuesday, 31 Oct 2017 08:02am EDT 

Oct 31 (Reuters) - Engie Sa ::* Signed a contract to build, own and operate (BOO) a 250 MW wind farm together with its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings Corporation (40%) and Orascom Construction Limited (20%)..* The wind farm will be located in Rhas Gharib on the Gulf of Suez, an optimal site with more than 60% of gross capacity factor. The energy will be sold under a 20-year Power Purchase Agreement to the Egyptian Electricity Transmission Company..* Construction is expected to start end of 2017 and will take approximately 24 months to complete.  Full Article

Engie says reviewing its upstream, midstream LNG activities
Monday, 23 Oct 2017 10:13am EDT 

Oct 23 (Reuters) - France's Engie :Says confirms it has launched a strategic review of its upstream and midstream LNG activities.Engie says its downstream LNG activities are not part of the review.  Full Article

Engie has capacity for further acquisitions - CEO
Thursday, 19 Oct 2017 05:45am EDT 

Oct 19 (Reuters) - Engie ::* CEO tells strategy briefing that Engie has means to make further acquistions, although any future deals would not be on a major scale.  Full Article

Engie says ahead of target on company restructuring plan
Thursday, 19 Oct 2017 05:11am EDT 

Oct 19 (Reuters) - Engie ::Says targeting having 2 million customers in France by the end of 2018 for its "green" electricity offer.Executive says sees 20 percent risk of winter gas "crisis" in France due to supply problems.Says is ahead on the company's restructuring plan.Says has noted rising costs from new nuclear power sources.  Full Article

EU mergers and takeovers (Dec 6)

BRUSSELS, Dec 6 The following are mergers under review by the European Commission and a brief guide to the EU merger process: