Engie SA

ENGIE SA engages in the provision of electricity, natural gas, and energy related services. It operates through the following segments: Renewables, Networks, Energy Solutions, Thermal, Supply, Nuclear, and Others. The Renewables segment is involved in the 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 focuses on electricity and gas infrastructure activities and projects. The Energy Solutions segment consists of construction and management of decentralized energy networks to produce low-carbon energy heating and cooling networks, distributed power generation plants, distributed solar power parks, low-carbon mobility, low-carbon cities, public lighting, and related services. The Thermal segment centralized power generation activities using thermal assets, whether contracted or not includes the operation of power plants fueled mainly by gas or coal, as well as pump-operated storage plants. The Supply segment relates to the sale of gas and electricity to end customers, whether professional or individual. It also includes all the group's activities in services for residential clients. The Nuclear segment refers to nuclear power generation activities with seven reactors in Belgium and drawing rights in France. The Others segment encompasses energy management and optimization activities, the B2B supply activities in France, GTT, corporate, and holding activities. The company was founded on April 8, 1946 and is headquartered in Paris, France.

HOUSTON--(BUSINESS WIRE)--Broad Reach Power acquired by ENGIE from EnCap Energy Transition and Apollo Funds. The transaction represents in excess of $1 billion equity value.

Broad Reach Power Acquired by ENGIE from EnCap Energy Transition and Apollo Funds

A major step towards ENGIE's objective of reaching 10 GW of battery capacity within the Group by 2030 to support the development of renewable energies A major step towards ENGIE's objective of reaching 10 GW of battery capacity within the Group by 2030 to support the development of renewable energies

ENGIE accelerates in battery storage through the acquisition of Broad Reach Power in the United States

France's Engie on Thursday said it is acquiring full ownership of Broad Reach Power, a power storage company based in Houston, Texas, as it seeks to expand its global battery infrastructure.

Engie to acquire Texas-based power storage firm Broad Reach Power

Projects will support lower cost energy for households, organizations and businesses often unable to participate in the benefits of the energy transition. Projects will support lower cost energy for households, organizations and businesses often unable to participate in the benefits of the energy transition.

ENGIE collaborates with Microsoft and Solstice to accelerate access to community solar for under-resourced communities in Illinois

French energy company Engie reported a slowdown in second-quarter earnings, reflecting slightly less volatile energy markets after a mild winter.

Engie earnings slow to 2.9 billion in Q2, as markets calm

French energy provider Engie said on Tuesday it was partnering with Air France and CMA CGM on two projects to develop alternative industrial fuels, contributing to France's transition to green energy.

Engie, Air France and CMA-CGM partner on renewable industrial fuels

Beaumont and Houston, Texas, July 10, 2023 (GLOBE NEWSWIRE) -- Entergy Texas and ENGIE North America (ENGIE) recently executed a memorandum of understanding to work collaboratively toward the exploration of mutually beneficial sustainability solutions.

Entergy Texas and ENGIE partner to explore sustainable power solutions

Engie SA and the Belgian government have reached a nuclear cap agreement, mitigating market and political intervention risks and removing the possibility of a nuclear tax. The agreement outlines the restart of the Doel 4 and Tihange 3 nuclear units, with nuclear waste treatment expenses transferred to the Belgian government, protecting Engie from future cost increases. Engie's management has upgraded its guidance for FY23, reflecting positive performance and a favorable energy price environment, which could lead to a re-rating of the company's stock.

Engie SA: New Nuclear Cap Is A Very Positive Catalyst

EDP - Energias de Portugal SA

Ocean Winds, a joint venture between Portugal's main utility EDP and French company Engie , said on Tuesday it has lodged applications with the Australian government to develop offshore windfarms off the coast of Victoria.

France's Engie and Portugal's EDP plan to develop offshore windfarms in Australia

Engie is set to post its H1 2023 results later this month, with momentum building as guidance is raised, and the nuclear deal is confirmed. The company has major upside potential from its renewed ten-year nuclear contract, and its investments in renewable and carbon-light energy solutions. I'm cautious of the stock trading near its analyst target price.

Engie: Nuclear Deals Are Sealed And Guidance Raised Ahead Of Earnings

Belgium has reached an agreement with operator Engie to extend the use of the country's nuclear reactors by 10 years after Russia's invasion of Ukraine prompted Belgium's governing coalition to rethink plans to rely more on natural gas.

Belgium and Engie agree on nuclear reactor extensions

Greif

Kennametal

ENGIY, GEF and KMT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 23, 2023.

Best Momentum Stock to Buy for June 23rd

ENGIE and POSCO led consortium announced as winner of land block (Z1-02) offered by Hydrom Venture marks the continuation of ENGIE's and POSCO's alliance, which began through the signing of an MoU in March 2022 Project reaffirms ENGIE's commitment to accelerating the GCC's low carbon transition MUSCAT, Oman , June 22, 2023 /PRNewswire/ -- ENGIE, a global leader in low-carbon energy and services, together with POSCO, one of the world's largest steel producers, have announced their spearheading role in a consortium set to mobilize Oman's renewable energy resources through the development of a 1.2mtp Green Ammonia project. Other partners in the consortium include Samsung Engineering, Korea East-West Power Co. (EWP), Korea Southern Power Co. (KOSPO), and FutureTech Energy Ventures Company Ltd.

ENGIE and POSCO Led Consortium to develop a 1.2mtp Green Ammonia Project in Oman

French energy company Engie was awarded a land parcel in Oman on Wednesday, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.

Engie bets on Korean demand with $7 bln Oman green ammonia project

France's Engie SA , Fluence Energy and Eku Energy on Wednesday commissioned a 150 megawatt-hours battery storage project in Australia, the first to be set up at the site of a retired coal-fired power station in the country.

Macquarie, France's Engie launch battery storage project in Australia

Murphy USA

On Holding AG

ENGIY, ONON and MUSA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 26, 2023.

Best Momentum Stocks to Buy for May 26th

Amazon

France's Engie and Amazon on Friday cut the ribbon of Italy's biggest agrivoltaic farm with the aim to supply green energy to the Italian unit of the e-commerce giant.

Engie, Amazon inaugurate Italy's biggest agrivoltaic farm

HOUSTON, May 18, 2023 (GLOBE NEWSWIRE) -- Rhythm Energy, Inc. (“Rhythm”), a leading green energy technology company in the residential electricity space, is pleased to announce that it has secured a working capital facility from ENGIE Energy Marketing NA, Inc. (“ENGIE”), an affiliate of ENGIE North America Inc., a leader in the Net Zero energy transition.  This collaboration will accelerate Rhythm's mission to provide 100% renewable energy solutions to its customers across the country.

Rhythm Announces Working Capital Lending Facility with ENGIE

Pinnacle West Capital

Investors looking for stocks in the Utility - Electric Power sector might want to consider either GDF Suez SA (ENGIY) or Pinnacle West (PNW). But which of these two companies is the best option for those looking for undervalued stocks?

ENGIY vs. PNW: Which Stock Is the Better Value Option?

PERTH, Australia, May 10, 2023 (GLOBE NEWSWIRE) -- Hazer Group Ltd (“Hazer” or the “Company”, ASX: HZR) is pleased to announce it has extended the existing non-binding Memorandum of Understanding (“MOU”) with ENGIE SA, a French global multi-national utility company, to further progress the development of a first Hazer facility in Europe. This agreement is a continuation of the activities under the initial MOU signed between both parties (refer announcement of 28 July 2022).

Hazer Advances Collaboration With ENGIE for a Hazer Facility in France

Comprehensive ‘Clean & Green Project' Celebrated during Event Showcasing Water-Energy Nexus Upgrade Project to save $83 Million and, Reduce Greenhouse Gas Emissions by 93 Percent Comprehensive ‘Clean & Green Project' Celebrated during Event Showcasing Water-Energy Nexus Upgrade Project to save $83 Million and, Reduce Greenhouse Gas Emissions by 93 Percent

West County Wastewater Moves Forward with Backup Power Plan as part of Ongoing, Major Energy Facility Project with ENGIE

Engie: Solid Dividend But Likely No Upside From Here.

Engie: Solid Dividend But Likely No Upside From Here

Wind and solar projects bring ENGIE's renewable capacity to more than 4.8 GW across North America Wind and solar projects bring ENGIE's renewable capacity to more than 4.8 GW across North America

ENGIE adds more than 650 MW to U.S. operations

ReVolve Renewable Power Corp (TSX-V:REVV) has announced the sale of its 250MW Parker Solar and Storage Project and the 1,000MW Bouse Solar and Storage Project to ENGIE IR Holdings LLC, a wholly owned subsidiary of ENGIE SA, a global leader in the energy sector.  The sale of the projects was completed under a share purchase agreement dated January 10, 2023.

Revolve Renewable Power sells two solar and storage projects to ENGIE SA unit

Engie is a global energy player based on Renewable and low-carbon energy infrastructures. The Company is navigating extraordinary market conditions and at the same time is producing an excellent financial performance.

News for Engie SA Stock (ENGIY)