|Bid||13.41 x 0|
|Ask||13.42 x 0|
|Day's Range||13.45 - 13.45|
|52 Week Range||11.32 - 14.30|
|Beta (3Y Monthly)||0.63|
|PE Ratio (TTM)||15.79|
|Forward Dividend & Yield||0.76 (5.65%)|
|1y Target Est||N/A|
PARIS, France (Reuters) - Belgian nuclear regulator AFCN said on Friday it has authorised Engie Electrabel, a unit of France's Engie (ENGIE.PA) to restart its Doel 2 nuclear reactor after a cooling pipe ...
French electric utility Engie and Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) are raising a loan of up to US$8bn to back the purchase of a natural gas pipeline system in Brazil from state-owned oil company Petróleo Brasileiro (Petrobras), banking sources said. Engie and CDPQ are talking to at least eight international banks including BNP Paribas, Mizuho and Sumitomo Bank.
Belgium's Engie Electrabel (ENGIE.PA) has extended the outage at its Doel 1 nuclear reactor to March 15 for repairs on a water leak, the company said on Tuesday. Reactors Doel 1 and 2 near Antwerp were scheduled to halt production in 2015 but the Belgian government subsequently extended their lives by 10 years. Both reactors have been offline since April after a leak in Doel 1's water cooling system was discovered.
The French government said on Sunday it had asked utility Engie to take hedging positions to ensure gas prices do not rise until June next year. Unlike power prices, which typically move once a year, gas prices move every month in France and are set using a formula that takes into account production costs. Many French governments have postponed tariff increases to protect consumers and their own approval ratings in the past, but legally the government has no authority to set prices.
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Investment fund manager CVC Capital Partners to acquire pharmaceutical ...
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Deutsche Telekom to acquire Swedish peer Tele2's Dutch unit and ...
BRUSSELS, Nov 26 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- U.S. asset manager Blackstone Group ...
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS None NEW LISTINGS -- Autolaunch and Beijing Automotive Group subsidiary ...
France's CRE energy market regulator on Friday recommended a 2.4 percent drop in regulated gas tariffs, paid by around 4.6 million residential customers in France to Engie (ENGIE.PA), as from Dec. 1. The CRE, which recommends regulated gas and electricity tariffs to the government for a final decision, said the proposed decrease was due to a fall in import prices in wholesale markets for the first time in six months. Regulated gas prices are expected to end by 2023 after a decision by France's highest administrative court last year that the CRE-fixed tariffs hurt competition and were against EU regulations.
Planned redevelopment of the U.K.'s Rugeley Power Station site has potential to include over 2,000 low carbon homes. In a statement Tuesday, the French multinational said the planned redevelopment of the U.K.'s Rugeley Power Station site had the potential to include over 2,000 low carbon homes, as well as a "substantial number of commercial buildings." The power station, located in Staffordshire in the mid-west of England, closed in 2016.
French gas utility Engie SA (ENGIE.PA) said on Monday it will relocate its Asia-Pacific headquarters to Singapore from Thailand's capital Bangkok next year and plans to more than double its workforce in the region over the next decade. Engie currently employs about 4,000 staff in the Asia-Pacific, which contributes $3 billion (2.34 billion pounds)to its global revenues, the company said in a statement. "Singapore is a natural choice for us as we grow our footprint in this region," said chief executive of Engie Asia-Pacific Paul Maguire, adding that many of the firm's customers were based in the city-state, with businesses across the region.
Belgium's energy production is plunging as its nuclear reactors are taken offline for repairs, with the power shortfall this winter seen as a test of the country's ability to cope when the reactors are phased out from 2022. Four nuclear reactors at Doel near Antwerp and three at Tihange in Liege, all operated by Electrabel, part of France's Engie, produce about half of Belgium's electricity when they are fully operational.
China's State Power Investment Corporation is in talks to acquire two additional hydroelectric dams and thermal plants in Brazil, a person with knowledge of the matter said on Thursday. One of the hydroelectric dams is Usina Três Irmãos, 800 MW dam in Sao Paulo state, controlled by Brazil's infrastructure group TPI- Triunfo Participações e Investimentos SA, the person added, requesting anonymity. Brazilian newspaper Valor Economico reported the talks over Tres Irmaos on Thursday on its website.
French energy group Engie (ENGIE.PA) said on Thursday it aims to restart four of its Belgian nuclear reactors by the end of the year, which will help ease a power supply crunch in the country. Belgium is facing an unprecedented electricity supply crunch this winter as six of the country's seven nuclear reactors - all operated by Engie - are offline due to concrete degradation and water cooling issues. Its deputy director general Pierre Mongin said the company has had to lease cocooned gas-fired plants, bring in heavy diesel generators and pay heavy industrial users to curb consumption so as to meet clients' needs.
French utility Engie and retailer Casino launched a joint venture on Wednesday that will invest some 100 million euros ($115 million) a year to build solar panels on the rooftops of supermarkets, hotels and hospitals in France. Engie will work with Casino to install solar units with generating capacities of up to 1 megawatt (MW) on retail, industrial and municipal buildings, while continuing to build rooftop solar independently for private homes and large ground-mounted utility-scale solar farms.
Brazil's state-controlled oil company Petroleo Brasileiro SA expects to revive the sale of its pipeline operator TAG over the next month, if it can get a Supreme Court injunction lifted, with the support of the country's solicitor-general, a person with knowledge of the matter said. In July, Petrobras, as the oil company is known, was wrapping up exclusive talks with France's Engie SA when the process was blocked by a Supreme Court injunction ordering asset sales by state companies be approved by Congress.
The current bidding war for a Brazilian gas pipeline system is a reminder of how good this infrastructure company is at making value-creating acquisitions.
Engie SA and a Canadian pension fund plan to offer as much as $9 billion for Petrobras' natural gas pipeline network, according to people with knowledge of the matter.