Last price update: 24 Apr 24 18:35 GMT
ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, Thermal, Supply, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, biomass, offshore wind, and geothermal. The Networks segment comprises the electricity and gas infrastructure activities and projects, including the management and development of gas and electricity transportation networks and natural gas distribution networks in and outside of Europe, natural gas underground storage in Europe, and regasification infrastructure in France and Chile. The Energy Solutions encompasses the construction and management of decentralized energy networks to produce low-carbon energy and related services. The Thermal segment encompasses power generation activities using thermal assets; operation of power plants fueled mainly by gas or coal, as well as pump -operated storage plants; and financing, construction, and operation of desalination plants, as well as the development of hydrogen production. The Supply segment engages in the sale of gas and electricity to professional, individual, and residential clients. The Nuclear segment engages in the nuclear power generation activities. The company was formerly known as GDF SUEZ S.A. and changed its name to ENGIE SA in April 2015. The company was founded in 1880 and is headquartered in Courbevoie, France.
Ardian expresses interest to engie to buy its stake in suez. ardian wishes to form consortium of private and public institutional investors, predominantly french, to carry out this project and launch a friendly public offer..
Suez notes that veolia persists in its proposals that are contrary to group' s corporate interest. suez board asks board of engie and its shareholders not to DEC ID e on the future of suez under the conditions and timetable dictated by veolia. notes that there is no guarantee that they will benefit from a cash offer at the same price and conditions as engie. board is actively pursuing its work in order to enable the announcement, as soon as possible, of a solution that will suit all suez shareholders.. suez board of directors met this morning and noted that proposals made on this day by veolia remain vague and that they do not guarantee interests of shareholders and stakeholders that board is responsible for defending.
Suez sevi. pa says launches appeal against the french financial markets authority' s DEC ision saying veolia vie. pa had not launched a " preoffer" on its shares.. says it believes that the structuration of veolia' s hostile operation, in two steps, is in breach of regulation and will file an appeal before the paris court of appeal.. says a change of control transaction, as announced and proposed by veolia, should be structured as a tender offer opened to all shareholders..
First half results as of 30 june 2020. h1 revenues and other income amount to eur 5.0 million as of 30 june 2020, up 89% compared to 2019 first half. net financial position at end of first semester 2020 DEC reased to eur 17.8 million compared to eur 8.1 million on 31 DEC ember 2019. ACK nowledges DEC ision of engie group to assess strategic options for engie eps, including the possible divestment of its stake in co. ebit and net result as at 30 june 2020 stands, respectively, at eur 6.5 million and eur 6.5 million compared with eur 6.7 million and eur 6.2 for previous year.3 major energy storage projects in usa, guam (300 mwh), hawaii (240 mwh), new england (50 mwh), will continue to be developed jointly by both cos. should engie divest its stake, engie has reaffirmed its continuous financial support until a potential transaction is closed. for future, both companies will continue jointly developing projects which are deemed mutually beneficial.
Suez sevi. pa chairman of the board philippe varin says DEC ision to place french water activity in a foundation does not prevent a takeover offer from being launched on company.. says the creation of a foundation for the water activity in france put the board back at the core of discussions around the veolia project.
Announces partnership with zebra project ( zero waste blade research). launched on sept 22, zebra consortium aims at creating the first 100% recyclable wind turbine. consortium with canoe, engie, lm wind power, owens corning and suez.
