|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||14.78 - 14.93|
|52 Week Range||12.81 - 16.20|
|Beta (3Y Monthly)||0.37|
|PE Ratio (TTM)||30.41|
|Forward Dividend & Yield||1.67 (11.25%)|
|1y Target Est||N/A|
Approximately CAD 29.3 Million of debt securities affected. Toronto, August 07, 2019 -- Moody's Investors Service ("Moody's") today affirmed Engie YUL L.P.'s ("Engie", the "Issuer") A2 senior secured rating. The Services Agreement includes features which ensure a very high level of net cash flow predictability for Engie.
Recently announced plans to foster competition in the Brazilian natural gas market may trigger a wave of privatizations among state-controlled distribution companies, luring international and domestic bidders, experts on the sector say. Brazil's Cosan SA and Spain's Naturgy Energy Group SA, are among the companies potentially interested in the segment, which also include Portugal's Galp , France's Engie and Spain's Repsol , consultants, lawyers and other experts said. The plan to overhaul Brazil's domestic natural gas market, approved by Brazil's energy policy council in late June, calls for companies with a "dominant position" to sell all of their stakes in distributors.
Investors pursuing a solid, dependable stock investment can often be led to ENGIE SA (EPA:ENGI), a large-cap worth...
Moody's Investors Service ("Moody's") has today assigned a Baa2 long-term rating to the Deeply Subordinated Fixed Rate Resettable Notes (the junior subordinated "Hybrid") to be issued by ENGIE SA (ENGIE, the Group or the Company). The Baa2 rating assigned to the Hybrid is two notches lower than ENGIE's senior unsecured rating of A3, reflecting the features of the Hybrid. It is undated, deeply subordinated and ENGIE can opt to defer coupons on a cumulative basis.
Carmaker Fiat Chrysler (FCA) has signed an agreement with European utilities Enel and Engie to help offer its customers charging points for electric vehicles (EV) it is planning to roll out. FCA, which is lagging rivals in developing electrified vehicles, said last June it would invest 9 billion euros ($10 billion) over the next five years to introduce hybrid and electric cars across all regions.
Moody's Investors Service ("Moody's") has today downgraded to A3/Prime-2 from A2/Prime-1 the issuer and commercial paper ratings of ENGIE SA ("ENGIE" or "the group"), as well as its senior unsecured MTN program to (P) A3 from (P) A2, the subordinated MTN program to (P) Baa1 from (P) A3 and the junior subordinated debt ratings to Baa2 from Baa1. Moody's also downgraded the ratings of ENGIE Alliance to A3/Prime-2 from A2/Prime-1.
Engie Brasil Energia informed Brazil's Supreme Court that it had already raised $3 billion abroad to buy Petrobras' TAG pipeline unit when the top court suspended the $8.6 billion acquisition last week, according to a document seen by Reuters on Wednesday. A consortium led by the subsidiary of French gas and power group Engie had already closed the purchase of Transportadora Associada de Gás, or TAG, from state-run oil company Petroleo Brasileiro SA in April and received approval from Brazil's antitrust regulator for the deal.
LONDON/PARIS (Reuters) - French utility Engie and Portugal's EDP said on Tuesday they will invest 15 billion euros ($16.7 billion) with the aim of becoming the world's number two offshore wind developer after Denmark's Orsted. The two utilities, which have no operational offshore wind parks so far, said they will combine their offshore wind assets and project pipelines, starting with a total of 1.5 gigawatts (GW) under construction and 4 GW under development. "From day one, the JV will be among the top five players in this market," Engie CEO Isabelle Kocher said at a press briefing on the new joint venture in London.
Moody's Investors Service ("Moody's") has today placed on review for downgrade the A2/Prime-1 issuer and commercial paper ratings, the (P)A3 subordinated rating and the Baa1 junior subordinated debt ratings of ENGIE SA ("ENGIE" or "the group"), and the A2/Prime-1 ratings of ENGIE Alliance. Moody's has also placed on review for downgrade the A3 issuer rating of ENGIE Invest International S.A. ("EII"), a subsidiary of ENGIE.
(Reuters) - French utility Engie SA is considering a takeover of Emcor Group Inc, as it seeks to expand in the U.S. market, Bloomberg said on Saturday, citing people familiar with the matter. Engie is ...
French utility Engie SA is considering a takeover of Emcor Group Inc, as it seeks to expand in the U.S. market, Bloomberg said on Saturday, citing people familiar with the matter. Engie is working with advisers to pursue a deal for the U.S.-based electrical and mechanical construction and facilities sevices firm, according to the report. No final decision has been made and the French company may decide against the offer, Bloomberg said https://bloom.bg/2DqCyGL.
A Macquarie-run infrastructure fund managing the Renvico wind farm portfolio in Italy and France has started a process to sell the company which could be worth around 400 million euros ($450 million), four sources familiar with the matter said. The fund, advised by Rothschild, has sent out teasers and information memoranda will follow at the end of the month, two of the sources said. Macquarie and Rothschild declined to comment.
A look at the shareholders of ENGIE SA (EPA:ENGI) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership ove...
A consortium led by French utility Engie has won a bid for Petrobras' TAG pipeline arm with an $8.6 billion offer, in a deal that boosts Engie's presence in the fast-growing Brazilian market and helps Petrobras cut debts. Engie said on Monday its successful offer for a 90 percent stake in TAG was made alongside Canada's state-owned financial and investment firm Caisse de Dépôt et Placement du Québec, with more than $310 billion under management. Petrobras will keep the remaining 10 percent.