Edition:
India

Engie SA (ENGIE.PA)

ENGIE.PA on Paris Stock Exchange

14.42EUR
19 Jan 2018
Change (% chg)

€-0.01 (-0.10%)
Prev Close
€14.44
Open
€14.44
Day's High
€14.45
Day's Low
€14.31
Volume
5,834,533
Avg. Vol
5,340,647
52-wk High
€15.16
52-wk Low
€10.77

Latest Key Developments (Source: Significant Developments)

Engie head comfortable with current govt stake in firm, but could consider other scenarios
Monday, 15 Jan 2018 

PARIS, Jan 15 (Reuters) - Engie ::* ENGIE CEO KOCHER SAYS PROGRAMME OF 15 BLN OF ASSET SALES NOW 90 PCT COMPLETE.* ENGIE'S KOCHER SAYS ENGIE HAS BUILT 6 GW OF NEW RENEWABLE ENERGY CAPACITY IN PLACE, AND IS BUILDING ANOTHER SIX GW.* ENGIE'S KOCHER SAYS THE SHIFT TO RENEWABLES, GRIDS AND SERVICES HAS IMPROVED ENGIE'S RETURN ON CAPITAL EMPLOYED.* ENGIE'S KOCHER SAYS MESTRALLET TO LEAVE CHAIRMAN POST THIS YEAR, NO COMMENT ON SUCCESSION.* ENGIE'S KOCHER SAYS WE HOPE TO SEE STRONG GROWTH RATE IN OUR KEY INDUSTRIES IN 2018.* ENGIE CEO KOCHER SAYS PETROBRAS IN BRAZIL IS SELLING GAS INFRASTRUCTURE, IT IS AN OPTION WE ARE LOOKING AT.* ENGIE'S KOCHER SAYS HAPPY WITH CURRENT GOVERNMENT STAKE OF 24 PCT IN ENGIE, BUT COULD LIVE WITH OTHER SCENARIOS.  Full Article

Utility Engie places 1 bln euros green hybrid bond
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Engie Sa ::* Engie says it took advantage of attractive market conditions to place its first Green Hybrid Bond (Deeply Subordinated Perpetual Bond) of an amount of 1 billion of euros.* Bond has coupon of 1.375% and a Non-Call period of 5.25 years.* Bond is intended to replace the € 600M 3.875% Non-Call 2018 and the GBP 300M 4.625% Non-Call 2019.  Full Article

‍McPhy Energy Selected For Clean Mobility Contract By Engie​
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - MCPHY ENERGY SAS ::‍MCPHY UNVEILS A NEW CLEAN MOBILITY CONTRACT WITH ENGIE IN FRANCE​.‍HAS BEEN SELECTED BY ENGIE FOR A NEW MCFILLING HYDROGEN STATION​.NINTH HYDROGEN STATION IN FRANCE, REPRESENTING A DAILY POTENTIAL OF 17,000 ZERO-EMISSION KM TO HELP IMPROVE AIR QUALITY.  Full Article

Engie, Credit Agricole JV to acquire 500 MW of renewables by end of 2018​
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Engie Sa ::ENGIE AND CRÉDIT AGRICOLE ASSURANCES INCREASE THEIR INVESTMENTS IN ON-SHORE WIND AND SOLAR POWER IN FRANCE.​.ENGIE AND CREDIT AGRICOLE ASSURANCES JOINT VENTURE TO ACQUIRE NEARLY 500 MW OF ON-SHORE WIND AND SOLAR POWER PLANTS BY END OF 2018..ENGIE SAYS AMBITION IS TO REACH 3 GW INSTALLED CAPACITY OF ON-SHORE WIND FARMS AND 2.2 GW OF SOLAR PHOTOVOLTAIC POWER PLANTS BY 2021.​.  Full Article

Engie Acquires Spie Morocco's Operations‍​
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - ENGIE SA ::SIGNED AN AGREEMENT WITH SPIE GROUP IN ORDER TO ACQUIRE SPIE MOROCCO’S OPERATIONS‍​.  Full Article

Engie Acquires South African Companies Thermaire And Ampair
Monday, 4 Dec 2017 

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 

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 

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 

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 

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

Photo

India will need at least $125 billion to fund renewables dream: government official

NEW DELHI India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the country’s grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead.